1998 (6) TMI 173 - AT - Central Excise

Summary

The judgment concerns a case where the demand for reversing Modvat credit was challenged as time-barred. The appellant argued that the demand was beyond the six-month limitation period. The Commissioner's reasoning was disputed, and the tribunal partially allowed the appeal, reducing the penalty and holding that part of the demand was indeed time-barred. The jurisdictional authorities were directed to recalculate the duty amount accordingly.