https://www.taxtmi.com/caselaws?id=344045 The appellant failed to appear for the hearing despite multiple opportunities, leading to non-representation. The tribunal examined the admissibility of Cenvat Credit for additional custom duty debited through DEPB against import licenses issued under the earlier policy, concluding it was not valid. The interpretation of Cenvat Credit eligibility under the new Foreign Trade Policy was clarified, affirming the denial of appellant's contentions. A penalty of Rs. 10,000 under Rule 15(1) of the Cenvat Credit Rules, 2004, was upheld, and the appeal was dismissed for lack of merit. en-us Fri, 19 May 2017 00:00:00 +0530 Wed, 07 Jun 2017 06:30:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344045 The appellant failed to appear for the hearing despite multiple opportunities, leading to non-representation. The tribunal examined the admissibility of Cenvat Credit for additional custom duty debited through DEPB against import licenses issued under the earlier policy, concluding it was not valid. The interpretation of Cenvat Credit eligibility under the new Foreign Trade Policy was clarified, affirming the denial of appellant's contentions. A penalty of Rs. 10,000 under Rule 15(1) of the Cenvat Credit Rules, 2004, was upheld, and the appeal was dismissed for lack of merit. Case-Laws Central Excise Fri, 19 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344045