https://www.taxtmi.com/caselaws?id=112945 Credit of basic excise duty could be used to pay additional duties of excise where the Board circular was of general application. The Tribunal treated the circular as laying down a broader principle that credit of specified duties taken on inputs may be utilised for payment of any specified duty on the final products, and held that a reference to one notification did not confine the circular to that notification alone. It distinguished the Revenue's cited High Court decision as involving a circular meant for a specific situation, not one of general import. The Revenue's challenge therefore failed, and utilisation of credit was upheld. en-us Mon, 15 Mar 2004 00:00:00 +0530 Wed, 02 May 2012 17:42:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112945 Credit of basic excise duty could be used to pay additional duties of excise where the Board circular was of general application. The Tribunal treated the circular as laying down a broader principle that credit of specified duties taken on inputs may be utilised for payment of any specified duty on the final products, and held that a reference to one notification did not confine the circular to that notification alone. It distinguished the Revenue's cited High Court decision as involving a circular meant for a specific situation, not one of general import. The Revenue's challenge therefore failed, and utilisation of credit was upheld. Case-Laws Central Excise Mon, 15 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112945