https://www.taxtmi.com/caselaws?id=264600 Cenvat credit was held inadmissible on additional customs duty adjusted through DEPB when the governing import-export policy and exemption framework expressly prohibited such credit. The court read the policy, exemption notification, circular, and Cenvat Credit Rules together and found that, from 1.4.2000 onward, the policy contained a specific bar against Cenvat benefit where the duty was discharged by DEPB debit. It also noted that the import document for 2003 did not show cash payment of duty, and that the earlier contrary ruling applied only to the period before the restrictive wording was introduced. en-us Wed, 16 Sep 2015 00:00:00 +0530 Tue, 05 Jan 2016 16:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264600 Cenvat credit was held inadmissible on additional customs duty adjusted through DEPB when the governing import-export policy and exemption framework expressly prohibited such credit. The court read the policy, exemption notification, circular, and Cenvat Credit Rules together and found that, from 1.4.2000 onward, the policy contained a specific bar against Cenvat benefit where the duty was discharged by DEPB debit. It also noted that the import document for 2003 did not show cash payment of duty, and that the earlier contrary ruling applied only to the period before the restrictive wording was introduced. Case-Laws Central Excise Wed, 16 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264600