2012 (2) TMI 176

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..... the issue relates to the correct quantification of reversal of credit which can only be decided at the original adjudicating authority level, we set aside the impugned order and remand the matter to Commissioner(Appeals) for quantifying the credit amount required to be reversed. See Maize Products vs CCE (2008 - TMI - 48307 - High Court Of Gujarat At Ahmedabad) - Excise Appeal No.1538 of 2011 .....

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..... ble as well as used in the final product. According to the appellants, they have reversed the Modvat Credit relatively used for exempted final product. Primarily the dispute relates to quantum of said reversal made by the appellants. 3. Both sides agree that in terms of law declared by Hon ble High Court as also the Section 73 of Finance Act, 2010, such reversal of credit was sufficient. As su .....

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