2013 (11) TMI 1663

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....te. O R D E R   Learned counsel for the respondents has obtained instructions and states that the present writ petition may be disposed of in terms of order dated. 18.9.2013 passed in Writ Petition (C) No.398/1999 Goodyear India Limited and Anr. V. Union of India and Ors. and other connected matters.   In view of the aforesaid position, the present writ petition is disposed of w....

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....ount of Modvat Credit required to be reversed after giving adequate opportunity to the petitioner.   (vi) In the order itself, the adjudicating authority/Commissioner will decide whether any excess or short reversal has been made and appropriate directions/orders will be passed.   (vii) In case of short reversal, the petitioner herein, will be liable to pay interest @ 20% per annum....