https://www.taxtmi.com/caselaws?id=442392 Amounts already paid during search or investigation must be deducted while computing liability under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, even where the payment was routed through Cenvat Credit. The Court held that Section 124 of the Finance (No. 2) Act, 2019 requires credit for such prior deposits and that the one-year time limit under Rule 4(1) of the Cenvat Credit Rules, 2004 could not be used to deny adjustment for Scheme computation. The impugned SVLDRS communications and denial letter were set aside, and the matter was remitted for fresh consideration of the petitioners' documents and proof of payment after hearing. en-us Mon, 07 Aug 2023 00:00:00 +0530 Tue, 23 Dec 2025 14:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442392 Amounts already paid during search or investigation must be deducted while computing liability under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, even where the payment was routed through Cenvat Credit. The Court held that Section 124 of the Finance (No. 2) Act, 2019 requires credit for such prior deposits and that the one-year time limit under Rule 4(1) of the Cenvat Credit Rules, 2004 could not be used to deny adjustment for Scheme computation. The impugned SVLDRS communications and denial letter were set aside, and the matter was remitted for fresh consideration of the petitioners' documents and proof of payment after hearing. Case-Laws Central Excise Mon, 07 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442392