https://www.taxtmi.com/caselaws?id=420403 The Tribunal ruled in favor of the tax authorities, denying the appellant's excess credit claim for education cess and secondary higher education cess under Rule 3(7)(a) of the Cenvat Credit Rules, 2004 for goods received from a 100% EOU. The Tribunal held that the rule did not allow for the credit of these cesses, leading to the reversal of the excess credit availed by the appellant. Additionally, the Tribunal rejected the appellant's argument regarding the applicability of CVD and related cesses on goods procured from EOU, emphasizing the need for strict compliance with statutory provisions and ordering the payment of interest while setting aside the penalty imposed. en-us Wed, 30 Mar 2022 00:00:00 +0530 Sat, 15 Oct 2022 15:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420403 The Tribunal ruled in favor of the tax authorities, denying the appellant's excess credit claim for education cess and secondary higher education cess under Rule 3(7)(a) of the Cenvat Credit Rules, 2004 for goods received from a 100% EOU. The Tribunal held that the rule did not allow for the credit of these cesses, leading to the reversal of the excess credit availed by the appellant. Additionally, the Tribunal rejected the appellant's argument regarding the applicability of CVD and related cesses on goods procured from EOU, emphasizing the need for strict compliance with statutory provisions and ordering the payment of interest while setting aside the penalty imposed. Case-Laws Central Excise Wed, 30 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420403