https://www.taxtmi.com/caselaws?id=76524 Where duty liability on revised prices crystallises only upon issue of supplementary invoices, Cenvat credit available at that time may be used to pay the resulting differential excise duty. Rule 3(4) of the Cenvat Credit Rules, 2004 permits credit utilisation for payment of duty on final products, and the proviso was treated as governing routine period-wise duty payments rather than later-arising liabilities. The supplementary invoice was therefore viewed as creating a duty obligation on the date of issue, and the credit in November 2006 was sufficient. The demand was not sustainable and relief was granted to the assessee. en-us Tue, 30 Jun 2009 00:00:00 +0530 Thu, 01 Jul 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76524 Where duty liability on revised prices crystallises only upon issue of supplementary invoices, Cenvat credit available at that time may be used to pay the resulting differential excise duty. Rule 3(4) of the Cenvat Credit Rules, 2004 permits credit utilisation for payment of duty on final products, and the proviso was treated as governing routine period-wise duty payments rather than later-arising liabilities. The supplementary invoice was therefore viewed as creating a duty obligation on the date of issue, and the credit in November 2006 was sufficient. The demand was not sustainable and relief was granted to the assessee. Case-Laws Central Excise Tue, 30 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76524