Appellant's Argument Against Countervailing Duty Rejected; Payment Obligation Stands Despite Potential Modvat Credit Claims.

Appellant's Argument Against Countervailing Duty Rejected; Payment Obligation Stands Despite Potential Modvat Credit Claims. https://www.taxtmi.com/highlights?id=38272 Non-fulfilment of export obligation - we do not find any merit in the contention of the appellant that CVD should not be demanded from them because they would be eligible to avail the Modvat credit from CVD. If that view is accepted, then no importer-manufacturer would ever be required to pay CVD on the ground that Cenvat Credit of the same would be availed by them at the next stage. - AT en-us Fri, 09 Mar 2018 12:17:28 +0530 Fri, 09 Mar 2018 12:17:28 +0530 TaxTMI RSS Generator Appellant's Argument Against Countervailing Duty Rejected; Payment Obligation Stands Despite Potential Modvat Credit Claims. https://www.taxtmi.com/highlights?id=38272 Non-fulfilment of export obligation - we do not find any merit in the contention of the appellant that CVD should not be demanded from them because they would be eligible to avail the Modvat credit from CVD. If that view is accepted, then no importer-manufacturer would ever be required to pay CVD on the ground that Cenvat Credit of the same would be availed by them at the next stage. - AT Highlights Customs Fri, 09 Mar 2018 12:17:28 +0530 https://www.taxtmi.com/highlights?id=38272