https://www.taxtmi.com/caselaws?id=3129 The Tribunal held that the Respondent could retain the duty credit already allowed, rejecting the Revenue's appeal. The credit, availed against duty liability for payments to public sector companies, was deemed legitimate and not subject to recall. The judgment emphasized that incentives from public entities should not be equated to duty reductions reclaimable by tax authorities. It clarified the rights of taxpayers in such cases and stressed fair application of tax laws and policies. en-us Fri, 17 Aug 2007 00:00:00 +0530 Wed, 16 Apr 2008 16:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3129 The Tribunal held that the Respondent could retain the duty credit already allowed, rejecting the Revenue's appeal. The credit, availed against duty liability for payments to public sector companies, was deemed legitimate and not subject to recall. The judgment emphasized that incentives from public entities should not be equated to duty reductions reclaimable by tax authorities. It clarified the rights of taxpayers in such cases and stressed fair application of tax laws and policies. Case-Laws Central Excise Fri, 17 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3129