https://www.taxtmi.com/caselaws?id=753406 The CESTAT Chennai held that Cenvat credit on 1%/2% CVD paid on imported steam coal under notification 12/2012-Cus dated 17.03.2012 was allowable. Following precedent from Chettinad Cements Corporation and Tamil Nadu Newsprint Papers Limited cases, the Tribunal set aside the demand raised by authorities denying the Cenvat credit. The impugned orders were quashed and the appeal was allowed, establishing that such CVD payments qualify for Cenvat credit benefits. en-us Fri, 31 May 2024 00:00:00 +0530 Sat, 01 Jun 2024 08:31:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753406 The CESTAT Chennai held that Cenvat credit on 1%/2% CVD paid on imported steam coal under notification 12/2012-Cus dated 17.03.2012 was allowable. Following precedent from Chettinad Cements Corporation and Tamil Nadu Newsprint Papers Limited cases, the Tribunal set aside the demand raised by authorities denying the Cenvat credit. The impugned orders were quashed and the appeal was allowed, establishing that such CVD payments qualify for Cenvat credit benefits. Case-Laws Central Excise Fri, 31 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753406