https://www.taxtmi.com/caselaws?id=82153 MODVAT credit was available on countervailing duty paid later on imported inputs, because Rule 57E permits credit where duty is discharged subsequently and the scheme is intended to prevent duty cascading on inputs. The initial clearance without duty, having resulted from mistaken assessment, did not exclude the inputs from the rule, and later payment of even a time-barred demand retained its character as duty. The absence of any refund claim also supported admissibility of the credit. en-us Thu, 15 Oct 1992 00:00:00 +0530 Sat, 02 Jul 2011 12:34:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82153 MODVAT credit was available on countervailing duty paid later on imported inputs, because Rule 57E permits credit where duty is discharged subsequently and the scheme is intended to prevent duty cascading on inputs. The initial clearance without duty, having resulted from mistaken assessment, did not exclude the inputs from the rule, and later payment of even a time-barred demand retained its character as duty. The absence of any refund claim also supported admissibility of the credit. Case-Laws Central Excise Thu, 15 Oct 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82153