https://www.taxtmi.com/caselaws?id=94093 Credit under the relevant Central Excise notification for inputs received from a 100% export oriented unit is limited by the proviso to the lesser of two figures: the additional duty of customs leviable on like imported goods and the actual duty paid by the unit. The notification was treated as materially identical to the earlier provision considered by a Larger Bench, so the settled approach was applied without dissecting duty into separate customs-duty components. On that basis, admissible Modvat credit is confined to the lower amount, and the denial of credit from 28-2-1999 was set aside for the period already availed in March and April 1999. en-us Fri, 22 Sep 2000 00:00:00 +0530 Sat, 19 Nov 2011 11:02:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94093 Credit under the relevant Central Excise notification for inputs received from a 100% export oriented unit is limited by the proviso to the lesser of two figures: the additional duty of customs leviable on like imported goods and the actual duty paid by the unit. The notification was treated as materially identical to the earlier provision considered by a Larger Bench, so the settled approach was applied without dissecting duty into separate customs-duty components. On that basis, admissible Modvat credit is confined to the lower amount, and the denial of credit from 28-2-1999 was set aside for the period already availed in March and April 1999. Case-Laws Central Excise Fri, 22 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94093