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    <title>Inclusion of show cause notice’s issued in relation to levy of CVD on vessels imported for breaking in the &quot;Call-Book&quot;</title>
    <link>https://www.taxtmi.com/circulars?id=54256</link>
    <description>Show cause notices demanding CVD from importers who did not pay CVD shall be kept in the call book pending the department&#039;s appeal; voluntary payment of CVD at import entitles the importer to CENVAT credit and notices denying such credit must be decided in light of precedent. The proviso limiting CENVAT credit on ships imported for breaking has been deleted, allowing full credit of CVD paid at import while remaining subject to the CENVAT Credit Rules&#039; reversal obligations for non excisable byproducts.</description>
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    <pubDate>Mon, 01 Feb 2016 00:00:00 +0530</pubDate>
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      <title>Inclusion of show cause notice’s issued in relation to levy of CVD on vessels imported for breaking in the &quot;Call-Book&quot;</title>
      <link>https://www.taxtmi.com/circulars?id=54256</link>
      <description>Show cause notices demanding CVD from importers who did not pay CVD shall be kept in the call book pending the department&#039;s appeal; voluntary payment of CVD at import entitles the importer to CENVAT credit and notices denying such credit must be decided in light of precedent. The proviso limiting CENVAT credit on ships imported for breaking has been deleted, allowing full credit of CVD paid at import while remaining subject to the CENVAT Credit Rules&#039; reversal obligations for non excisable byproducts.</description>
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      <pubDate>Mon, 01 Feb 2016 00:00:00 +0530</pubDate>
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