https://www.taxtmi.com/caselaws?id=367703 The Court upheld the Customs Excise and Service Tax Appellate Tribunal's decision to deny CENVAT credit on imported coal due to benefits received under exemption notifications. The appellant's argument that countervailing duty should not be considered "duty of excise" was rejected, leading to the dismissal of the appeal. Additionally, the Court upheld the penalty under Rule 15(2) of the CENVAT Credit Rules, citing the appellant's suppression of facts and delayed duty payment correction. The Tax Appeal and Civil Application were both dismissed, affirming the lower authorities' rulings. en-us Fri, 14 Sep 2018 00:00:00 +0530 Wed, 20 Mar 2019 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367703 The Court upheld the Customs Excise and Service Tax Appellate Tribunal's decision to deny CENVAT credit on imported coal due to benefits received under exemption notifications. The appellant's argument that countervailing duty should not be considered "duty of excise" was rejected, leading to the dismissal of the appeal. Additionally, the Court upheld the penalty under Rule 15(2) of the CENVAT Credit Rules, citing the appellant's suppression of facts and delayed duty payment correction. The Tax Appeal and Civil Application were both dismissed, affirming the lower authorities' rulings. Case-Laws Central Excise Fri, 14 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367703