https://www.taxtmi.com/caselaws?id=451132 CESTAT Mumbai allowed the appellant's appeal regarding CENVAT credit retention. The appellant exported 98% of turnover until March 2010 and 87% thereafter. The tribunal held that credit validly availed under rule 3 of CENVAT Credit Rules, 2004 could be retained as exports should not bear duty burden. For domestic clearances after March 2010, the 10% payment provision under rule 6(3) entitled credit retention. The demand under section 11A of Central Excise Act, 1944 was unsustainable as proper procedures were followed for export clearances and domestic sales. en-us Tue, 19 Mar 2024 00:00:00 +0530 Wed, 20 Mar 2024 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=451132 CESTAT Mumbai allowed the appellant's appeal regarding CENVAT credit retention. The appellant exported 98% of turnover until March 2010 and 87% thereafter. The tribunal held that credit validly availed under rule 3 of CENVAT Credit Rules, 2004 could be retained as exports should not bear duty burden. For domestic clearances after March 2010, the 10% payment provision under rule 6(3) entitled credit retention. The demand under section 11A of Central Excise Act, 1944 was unsustainable as proper procedures were followed for export clearances and domestic sales. Case-Laws Central Excise Tue, 19 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=451132