https://www.taxtmi.com/caselaws?id=51442 Bona fide restoration of an excess Modvat reversal made under an amnesty scheme was treated as a correction of accounts, not as a refund of excise duty. The department had accepted on verification that the reversal exceeded the amount required, so the assessee's later re-credit merely restored duty credit already available in the RG 23A records. Section 11B did not apply because the transaction was not a refund claim, and prior departmental permission was not required where the assessee had already informed the Assistant Commissioner before taking the credit back. The demand to reverse the re-credit was therefore unsustainable and was set aside. en-us Fri, 08 Mar 2002 00:00:00 +0530 Wed, 07 Jan 2026 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51442 Bona fide restoration of an excess Modvat reversal made under an amnesty scheme was treated as a correction of accounts, not as a refund of excise duty. The department had accepted on verification that the reversal exceeded the amount required, so the assessee's later re-credit merely restored duty credit already available in the RG 23A records. Section 11B did not apply because the transaction was not a refund claim, and prior departmental permission was not required where the assessee had already informed the Assistant Commissioner before taking the credit back. The demand to reverse the re-credit was therefore unsustainable and was set aside. Case-Laws Central Excise Fri, 08 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51442