https://www.taxtmi.com/caselaws?id=126495 Cenvat credit on locally procured inputs used in the export product does not defeat entitlement to Notification No. 40/2006-Cus. where the exemption condition bars credit only in relation to materials imported or procured against the authorisation. The Tribunal followed its earlier view that domestic credit, taken on inputs used in manufacture of the export goods, does not breach the notification condition. It accepted the clarification relied on by the assessee and confirmed that availment of such credit does not forfeit the duty-free import authorisation benefit. en-us Tue, 23 Jun 2009 00:00:00 +0530 Wed, 21 Nov 2012 15:12:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126495 Cenvat credit on locally procured inputs used in the export product does not defeat entitlement to Notification No. 40/2006-Cus. where the exemption condition bars credit only in relation to materials imported or procured against the authorisation. The Tribunal followed its earlier view that domestic credit, taken on inputs used in manufacture of the export goods, does not breach the notification condition. It accepted the clarification relied on by the assessee and confirmed that availment of such credit does not forfeit the duty-free import authorisation benefit. Case-Laws Central Excise Tue, 23 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126495