https://www.taxtmi.com/caselaws?id=206338 CENVAT credit on inputs sourced from a 100% EOU is confined to the additional duty leviable on like goods under Section 3 of the Customs Tariff Act, 1975. Goods cleared by a 100% EOU into the Domestic Tariff Area remain subject to excise duty under Section 3(1) of the Central Excise Act, 1944, even though the duty is computed with reference to customs duties; Notification No. 2/95-C.E. affects only the extent of exemption. On a conjoint reading of the rules and notification, the relevant test is the additional duty actually payable on the inputs, not the EOU's own duty computation, and the credit allowed to the assessee was upheld. en-us Wed, 31 Mar 2010 00:00:00 +0530 Sat, 18 Aug 2012 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206338 CENVAT credit on inputs sourced from a 100% EOU is confined to the additional duty leviable on like goods under Section 3 of the Customs Tariff Act, 1975. Goods cleared by a 100% EOU into the Domestic Tariff Area remain subject to excise duty under Section 3(1) of the Central Excise Act, 1944, even though the duty is computed with reference to customs duties; Notification No. 2/95-C.E. affects only the extent of exemption. On a conjoint reading of the rules and notification, the relevant test is the additional duty actually payable on the inputs, not the EOU's own duty computation, and the credit allowed to the assessee was upheld. Case-Laws Central Excise Wed, 31 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206338