https://www.taxtmi.com/caselaws?id=54063 Wrongful availment of Modvat credit twice against the same Bill of Entry was treated as a Rule 57-I case, not as short payment or non-payment of duty under section 11A. The rule made penalty equal to the wrongly availed credit and interest mandatory, so reversal of credit before issuance of the show cause notice did not extinguish the statutory liability. The notice was not invalid merely because it cited sections 11AC and 11AB instead of Rule 57-I, since the factual basis of the demand was clear and no prejudice was shown. en-us Wed, 01 Jun 2005 00:00:00 +0530 Sat, 16 Oct 2010 16:39:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54063 Wrongful availment of Modvat credit twice against the same Bill of Entry was treated as a Rule 57-I case, not as short payment or non-payment of duty under section 11A. The rule made penalty equal to the wrongly availed credit and interest mandatory, so reversal of credit before issuance of the show cause notice did not extinguish the statutory liability. The notice was not invalid merely because it cited sections 11AC and 11AB instead of Rule 57-I, since the factual basis of the demand was clear and no prejudice was shown. Case-Laws Central Excise Wed, 01 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54063