https://www.taxtmi.com/caselaws?id=235374 The Tribunal held that the appellant is entitled to Cenvat credit even after receiving a discount from the input supplier. It emphasized that the duty paid by the inputs manufacturer is eligible for credit under Rule 3 of Cenvat Credit Rules, irrespective of subsequent price reductions. The Tribunal stressed the binding nature of Board Circulars on departmental authorities in tax matters, highlighting the importance of adhering to such clarifications to avoid unnecessary litigation and ensure fair adjudication. The appeal was allowed, emphasizing the need to follow established legal principles and Circulars for streamlined tax adjudication processes. en-us Fri, 05 Jul 2013 00:00:00 +0530 Mon, 30 Dec 2013 16:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235374 The Tribunal held that the appellant is entitled to Cenvat credit even after receiving a discount from the input supplier. It emphasized that the duty paid by the inputs manufacturer is eligible for credit under Rule 3 of Cenvat Credit Rules, irrespective of subsequent price reductions. The Tribunal stressed the binding nature of Board Circulars on departmental authorities in tax matters, highlighting the importance of adhering to such clarifications to avoid unnecessary litigation and ensure fair adjudication. The appeal was allowed, emphasizing the need to follow established legal principles and Circulars for streamlined tax adjudication processes. Case-Laws Central Excise Fri, 05 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235374