https://www.taxtmi.com/caselaws?id=54469 The Appellate Tribunal CESTAT, New Delhi allowed the Revenue's appeal, setting aside the Commissioner (Appeals)'s order dropping the recovery of Modvat credit and penalty against the respondents. The Tribunal found that the respondents falsely declared no credit had been availed, contradicting their actions. As a result, the Tribunal held that the respondents were not entitled to avail Modvat credit twice on the raw materials used for the same export consignment. The appeal was allowed, directing the respondents to reverse the credit and pay the penalty as per the adjudicating authority's order. en-us Wed, 11 May 2005 00:00:00 +0530 Wed, 20 Oct 2010 11:43:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54469 The Appellate Tribunal CESTAT, New Delhi allowed the Revenue's appeal, setting aside the Commissioner (Appeals)'s order dropping the recovery of Modvat credit and penalty against the respondents. The Tribunal found that the respondents falsely declared no credit had been availed, contradicting their actions. As a result, the Tribunal held that the respondents were not entitled to avail Modvat credit twice on the raw materials used for the same export consignment. The appeal was allowed, directing the respondents to reverse the credit and pay the penalty as per the adjudicating authority's order. Case-Laws Central Excise Wed, 11 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54469