https://www.taxtmi.com/caselaws?id=120712 Cenvat credit was treated as admissible on CVD paid through debit in DEPB scrips where the claim was supported by Notification No. 96/2004-Cus. and departmental circulars. The later circular, issued after Law Ministry consultation, clarified that no separate amendment to the Cenvat Credit Rules was required for allowing such credit. As the credit had been taken under the post-October 2004 Foreign Trade Policy framework, the appellants were granted waiver of pre-deposit and stay of recovery, and the credit claim was accepted. en-us Tue, 12 Dec 2006 00:00:00 +0530 Mon, 23 Jul 2012 17:07:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120712 Cenvat credit was treated as admissible on CVD paid through debit in DEPB scrips where the claim was supported by Notification No. 96/2004-Cus. and departmental circulars. The later circular, issued after Law Ministry consultation, clarified that no separate amendment to the Cenvat Credit Rules was required for allowing such credit. As the credit had been taken under the post-October 2004 Foreign Trade Policy framework, the appellants were granted waiver of pre-deposit and stay of recovery, and the credit claim was accepted. Case-Laws Central Excise Tue, 12 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120712