2009 (4) TMI 926 - HC - Central Excise

Summary

The Gujarat High Court admitted the case and issued notice on substantial questions of law regarding the reversal of cenvat credit for claiming remission of duty under Rule 21 of the Cenvat Excise Rules, 2002. The questions also pertain to the reversal of modvat credit despite CBEC's Circular dated 1.10.2004 and the classification of repeated fire occurrences as unavoidable events for consideration of remission under Rule 21 of the Central Excise Rules, 2002.