https://www.taxtmi.com/caselaws?id=47186 Section 112 of the Finance Act, 2000 retrospectively validated the denial of credit on duty paid on high speed diesel oil used for electricity generation, and its non obstante language overrode any inconsistency in the Central Excise Rules, 1944 or prior judgments. The unamended Rule 57B did not preserve entitlement to credit during the covered period, so the assessee's claim failed. Consequential relief was nevertheless moulded because an earlier tribunal order had remained operative until the validating provision was applied: interest was directed to run from the date of the order, and the penalty was set aside. en-us Wed, 08 Dec 2004 00:00:00 +0530 Tue, 17 Jun 2014 13:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47186 Section 112 of the Finance Act, 2000 retrospectively validated the denial of credit on duty paid on high speed diesel oil used for electricity generation, and its non obstante language overrode any inconsistency in the Central Excise Rules, 1944 or prior judgments. The unamended Rule 57B did not preserve entitlement to credit during the covered period, so the assessee's claim failed. Consequential relief was nevertheless moulded because an earlier tribunal order had remained operative until the validating provision was applied: interest was directed to run from the date of the order, and the penalty was set aside. Case-Laws Central Excise Wed, 08 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47186