https://www.taxtmi.com/caselaws?id=54839 Where damaged goods remained within the factory and were capable of repair or possible use in manufacture, reversal of Modvat/Cenvat credit was required only on removal or other final disposition under central excise law; a demand raised before that stage was premature. In the absence of any mala fide on the record, penalty was not justified. The demand could not be sustained at that stage, and consequential relief followed. en-us Fri, 02 Dec 2005 00:00:00 +0530 Fri, 22 Oct 2010 12:45:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54839 Where damaged goods remained within the factory and were capable of repair or possible use in manufacture, reversal of Modvat/Cenvat credit was required only on removal or other final disposition under central excise law; a demand raised before that stage was premature. In the absence of any mala fide on the record, penalty was not justified. The demand could not be sustained at that stage, and consequential relief followed. Case-Laws Central Excise Fri, 02 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54839