https://www.taxtmi.com/caselaws?id=171791 Credit on inputs received from a 100% export oriented unit was examined under the Modvat scheme, with the dispute turning on whether the duty element represented additional duty of customs and whether the relevant rule and notification limited credit to the duty actually paid. The Madras HC accepted the Tribunal's and Larger Bench's view that credit remained admissible where the duty corresponded to the additional duty of customs leviable under the Customs Tariff Act, 1975. The credit claim was upheld and the Revenue's challenge failed. en-us Thu, 08 Sep 2011 00:00:00 +0530 Sat, 01 Aug 2015 16:56:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171791 Credit on inputs received from a 100% export oriented unit was examined under the Modvat scheme, with the dispute turning on whether the duty element represented additional duty of customs and whether the relevant rule and notification limited credit to the duty actually paid. The Madras HC accepted the Tribunal's and Larger Bench's view that credit remained admissible where the duty corresponded to the additional duty of customs leviable under the Customs Tariff Act, 1975. The credit claim was upheld and the Revenue's challenge failed. Case-Laws Central Excise Thu, 08 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171791