https://www.taxtmi.com/caselaws?id=3258 A unit debonding from Export Oriented Unit status to Domestic Tariff Area can claim Cenvat credit on duty paid for indigenously procured capital goods, where the amount paid at debonding is treated as duty for Rule 3 purposes under the Cenvat Credit Rules, 2002. Reading Notification No. 22/2003-C.E. with the export policy and debonding procedure, the Tribunal accepted that the payment on such capital goods was not barred from credit. The view was also supported by an earlier decision. On that basis, the assessee's entitlement to credit was affirmed and the revenue's appeal was rejected. en-us Fri, 26 Oct 2007 00:00:00 +0530 Wed, 16 Apr 2008 17:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3258 A unit debonding from Export Oriented Unit status to Domestic Tariff Area can claim Cenvat credit on duty paid for indigenously procured capital goods, where the amount paid at debonding is treated as duty for Rule 3 purposes under the Cenvat Credit Rules, 2002. Reading Notification No. 22/2003-C.E. with the export policy and debonding procedure, the Tribunal accepted that the payment on such capital goods was not barred from credit. The view was also supported by an earlier decision. On that basis, the assessee's entitlement to credit was affirmed and the revenue's appeal was rejected. Case-Laws Customs Fri, 26 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3258