9911796707
TMI Blog1996 (4) TMI 322X X X X Extracts X X X X X X X X Extracts X X X X ..... eference Application with regard to the Tribunal s final decision No. A/1088/95-NB, dated 20-11-1995 wherein the Tribunal had held that even during the period when no time limit was prescribed under Rule 57-I of the Central Excise Rules, 1944, the time limit as prescribed in Section 11A of the Central Excises and Salt Act, 1944 was to be read in the provisions of Rule 57-I. The Revenue had stated ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... there is no time limit fixed, reasonable time limit had to be read in the provisions of the law as held by the Hon ble Supreme Court in the case [1989 (2) SCALE 9 at page 44]. In case the Modvat credit had been taken irregularly, it does not mean that any extra duty liability is being demanded and it is the reversal of the Modvat Credit, which is stipulated in Rule 57. 3. In the case of Rock Dr ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
