https://www.taxtmi.com/caselaws?id=50395 Modvat credit on inputs was allowed as consequential relief to the extent an earlier Tribunal order had already held the inputs eligible, and the Department was bound to give effect to that ruling. The six-month limitation under Rule 57G(2) did not bar credit where departmental authorities had earlier restrained the assessee from availing it; the period was to be computed from the date the embargo was lifted by the Tribunal's order. Penalty and consequential interest were held unsustainable because the assessee acted on a favourable Tribunal ruling and the order lacked adequate reasoning for penalty. en-us Tue, 03 Oct 2000 00:00:00 +0530 Sat, 21 Aug 2010 14:02:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50395 Modvat credit on inputs was allowed as consequential relief to the extent an earlier Tribunal order had already held the inputs eligible, and the Department was bound to give effect to that ruling. The six-month limitation under Rule 57G(2) did not bar credit where departmental authorities had earlier restrained the assessee from availing it; the period was to be computed from the date the embargo was lifted by the Tribunal's order. Penalty and consequential interest were held unsustainable because the assessee acted on a favourable Tribunal ruling and the order lacked adequate reasoning for penalty. Case-Laws Central Excise Tue, 03 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50395