https://www.taxtmi.com/caselaws?id=754710 An amendment to Rule 6(6) of the Cenvat Credit Rules extending exemption to supplies made to SEZ developers was treated as clarificatory and retrospective because it aligned the Cenvat Credit Rules with the SEZ Act, 2005 and the established policy that supplies to SEZ developers for authorised operations are export-like transactions. On that basis, supplies to SEZ developers qualified for exemption from inception, so the duty demand, Cenvat credit reversal and penalty could not survive. The impugned order was set aside and the appeal succeeded with consequential relief. en-us Tue, 25 Jun 2024 00:00:00 +0530 Sat, 29 Jun 2024 08:08:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754710 An amendment to Rule 6(6) of the Cenvat Credit Rules extending exemption to supplies made to SEZ developers was treated as clarificatory and retrospective because it aligned the Cenvat Credit Rules with the SEZ Act, 2005 and the established policy that supplies to SEZ developers for authorised operations are export-like transactions. On that basis, supplies to SEZ developers qualified for exemption from inception, so the duty demand, Cenvat credit reversal and penalty could not survive. The impugned order was set aside and the appeal succeeded with consequential relief. Case-Laws Central Excise Tue, 25 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754710