https://www.taxtmi.com/caselaws?id=448370 CESTAT dismissed the department's appeal regarding recovery of CENVAT credit on CVD paid for imported coal. The tribunal held that importers can validly avail CENVAT credit of 2% CVD paid under Customs notification 12/2012 on coal imports. The restriction in Rule 3 applies only to indigenous goods claiming excise duty exemption under Central Excise notification 12/2012-CE, not imported coal subject to CVD under Customs notification. SC precedent in SRF Ltd. confirmed notification 12/2012-CE applies only to domestically manufactured coal. The Commissioner (Appeals) order allowing credit was upheld. en-us Fri, 22 Dec 2023 00:00:00 +0530 Wed, 17 Jan 2024 21:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448370 CESTAT dismissed the department's appeal regarding recovery of CENVAT credit on CVD paid for imported coal. The tribunal held that importers can validly avail CENVAT credit of 2% CVD paid under Customs notification 12/2012 on coal imports. The restriction in Rule 3 applies only to indigenous goods claiming excise duty exemption under Central Excise notification 12/2012-CE, not imported coal subject to CVD under Customs notification. SC precedent in SRF Ltd. confirmed notification 12/2012-CE applies only to domestically manufactured coal. The Commissioner (Appeals) order allowing credit was upheld. Case-Laws Central Excise Fri, 22 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448370