https://www.taxtmi.com/caselaws?id=393500 The Appellate Tribunal CESTAT Chennai upheld the decision that imported silk fabrics must fulfill conditions of Notification No.30/2004-CE, requiring payment of duty on inputs and non-availment of Cenvat credit, to be eligible for exemption from countervailing duty. The Tribunal concurred with the High Court's ruling that both conditions must be met for claiming the exemption. Importers failing to satisfy these requirements cannot avail of the exemption. The judgment emphasized strict compliance with specified conditions in exemption notifications, leading to the dismissal of the appeal. en-us Thu, 30 Jan 2020 00:00:00 +0530 Tue, 17 Mar 2020 18:32:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393500 The Appellate Tribunal CESTAT Chennai upheld the decision that imported silk fabrics must fulfill conditions of Notification No.30/2004-CE, requiring payment of duty on inputs and non-availment of Cenvat credit, to be eligible for exemption from countervailing duty. The Tribunal concurred with the High Court's ruling that both conditions must be met for claiming the exemption. Importers failing to satisfy these requirements cannot avail of the exemption. The judgment emphasized strict compliance with specified conditions in exemption notifications, leading to the dismissal of the appeal. Case-Laws Customs Thu, 30 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393500