https://www.taxtmi.com/caselaws?id=262274 Imported silk yarn and silk fabrics were treated as eligible for exemption from countervailing duty under Notification No. 30/2004-CE because the notification's excise exemption for like indigenous goods extended to imports where applicable. The Tribunal followed its earlier rulings and later Supreme Court authority holding that, for countervailing duty under Section 3 of the Customs Tariff Act, an importer is to be placed on the same footing as a manufacturer. It also held that the non-availment of CENVAT credit condition could not be used to deny the exemption on imported goods, and contrary Revenue reliance did not override the binding precedent. en-us Fri, 10 Jul 2015 00:00:00 +0530 Sat, 01 Apr 2017 15:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262274 Imported silk yarn and silk fabrics were treated as eligible for exemption from countervailing duty under Notification No. 30/2004-CE because the notification's excise exemption for like indigenous goods extended to imports where applicable. The Tribunal followed its earlier rulings and later Supreme Court authority holding that, for countervailing duty under Section 3 of the Customs Tariff Act, an importer is to be placed on the same footing as a manufacturer. It also held that the non-availment of CENVAT credit condition could not be used to deny the exemption on imported goods, and contrary Revenue reliance did not override the binding precedent. Case-Laws Customs Fri, 10 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262274