https://www.taxtmi.com/caselaws?id=74915 MODVAT credit could not be denied on additional duty of customs paid on imported inputs merely because similar domestic goods were exempt from central excise duty. The imported inputs had been assessed to countervailing duty at import stage, were supported by Bills of Entry, and no exemption had been granted on import. Duty levied under Section 3 of the Customs Tariff Act, 1975 is customs duty in nature, while the central excise tariff is relevant only for quantification. A central excise exemption notification does not automatically extend to imported goods, especially where the exemption is conditional. Credit was therefore admissible and the denial was unsustainable. en-us Thu, 27 Apr 1989 00:00:00 +0530 Mon, 13 Jun 2011 12:49:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74915 MODVAT credit could not be denied on additional duty of customs paid on imported inputs merely because similar domestic goods were exempt from central excise duty. The imported inputs had been assessed to countervailing duty at import stage, were supported by Bills of Entry, and no exemption had been granted on import. Duty levied under Section 3 of the Customs Tariff Act, 1975 is customs duty in nature, while the central excise tariff is relevant only for quantification. A central excise exemption notification does not automatically extend to imported goods, especially where the exemption is conditional. Credit was therefore admissible and the denial was unsustainable. Case-Laws Central Excise Thu, 27 Apr 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74915