https://www.taxtmi.com/caselaws?id=331593 CENVAT credit was available where countervailing duty was paid by debit in DEPB scrips issued under the earlier Foreign Trade Policy 2002-2007. The entitlement under Notification No. 96/2004-Cus. depended on the debit of additional customs duty through DEPB scrips, and the notification did not impose any exclusion for scrips issued under the earlier policy. The issue was treated as settled by the jurisdictional High Court on identical facts, making the controversy no longer res integra. The assessee was therefore entitled to CENVAT credit on the CVD paid through DEPB debit under the earlier policy. en-us Mon, 30 May 2016 00:00:00 +0530 Wed, 10 Aug 2016 16:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331593 CENVAT credit was available where countervailing duty was paid by debit in DEPB scrips issued under the earlier Foreign Trade Policy 2002-2007. The entitlement under Notification No. 96/2004-Cus. depended on the debit of additional customs duty through DEPB scrips, and the notification did not impose any exclusion for scrips issued under the earlier policy. The issue was treated as settled by the jurisdictional High Court on identical facts, making the controversy no longer res integra. The assessee was therefore entitled to CENVAT credit on the CVD paid through DEPB debit under the earlier policy. Case-Laws Central Excise Mon, 30 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331593