https://www.taxtmi.com/caselaws?id=52801 The appeal by the Revenue was allowed by way of remand as the Tribunal found that the Commissioner (Appeals) failed to address the issue of interest in the context of the denial of interest to the respondents on an alleged delayed payment. The Tribunal noted that the respondents could have taken recredit without a formal refund claim as no cash transaction was involved, following the initial denial of Modvat credit. The decision was remanded for a fresh determination after hearing the respondents. en-us Thu, 26 Feb 2004 00:00:00 +0530 Thu, 07 Oct 2010 18:30:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52801 The appeal by the Revenue was allowed by way of remand as the Tribunal found that the Commissioner (Appeals) failed to address the issue of interest in the context of the denial of interest to the respondents on an alleged delayed payment. The Tribunal noted that the respondents could have taken recredit without a formal refund claim as no cash transaction was involved, following the initial denial of Modvat credit. The decision was remanded for a fresh determination after hearing the respondents. Case-Laws Central Excise Thu, 26 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52801