https://www.taxtmi.com/caselaws?id=439775 Eligibility for the 1% concessional duty rate under Notification No. 1/2011-CE depended on compliance with the condition against availment of CENVAT credit. The assessee had initially taken credit on inputs and input services but later reversed the proportionate credit attributable to the exempted goods and paid interest, which was supported by verification. That reversal was treated as sufficient compliance with the notification condition, so the exclusion from exemption could not be sustained and the demand failed. en-us Wed, 28 Jun 2023 00:00:00 +0530 Mon, 03 Jul 2023 08:36:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439775 Eligibility for the 1% concessional duty rate under Notification No. 1/2011-CE depended on compliance with the condition against availment of CENVAT credit. The assessee had initially taken credit on inputs and input services but later reversed the proportionate credit attributable to the exempted goods and paid interest, which was supported by verification. That reversal was treated as sufficient compliance with the notification condition, so the exclusion from exemption could not be sustained and the demand failed. Case-Laws Central Excise Wed, 28 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439775