https://www.taxtmi.com/caselaws?id=51994 The Appellate Tribunal ruled in favor of M/s. Rico Auto Industries Limited, allowing their appeal against the disallowance of Modvat credit by the Commissioner of Central Excise. The Tribunal determined that the duty liability already discharged by the company exceeded the Modvat credit initially taken, thus no further payment was required. As a result, the impugned order was set aside, and the appeal was allowed. en-us Tue, 25 Feb 2003 00:00:00 +0530 Mon, 19 Oct 2015 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51994 The Appellate Tribunal ruled in favor of M/s. Rico Auto Industries Limited, allowing their appeal against the disallowance of Modvat credit by the Commissioner of Central Excise. The Tribunal determined that the duty liability already discharged by the company exceeded the Modvat credit initially taken, thus no further payment was required. As a result, the impugned order was set aside, and the appeal was allowed. Case-Laws Central Excise Tue, 25 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51994