2005 (8) TMI 25

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..... efund rejected - after considering all details authority allowed refund of excess credit.
[Order]. - Heard both sides and considered the issue. It is found that the issue is reversal of credit in Modvat registers to meet the requirements of DEEC benefits under Customs Act notification. Since the appellants had reversed quantities of credit in excess a what was required, they filed an applicatio .....

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..... ation for refund was called for ab initio, following the settled position by this Tribunal has reviewed in 2004 (168) E.L.T. 325 (Tri.-Bang) of KCP Ltd. and 2002 (149) E.L.T. 708 (Tri.-Bang) of Visakhapatnam Steel Plant. This appeal is allowed after setting aside of the orders and directions that the assessee can take the credit entry of the required account in the registers since the quantum of t .....

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