https://www.taxtmi.com/caselaws?id=456229 Credit on inputs received from a 100% Export-Oriented Undertaking was governed by the notification limits under Rule 57A, and entitlement remained capped at the additional duty leviable on like imported goods under Section 3 of the Customs Tariff Act. The duty paid by the EOU on clearances into the Domestic Tariff Area was relevant to the measure of credit, but it did not remove the ceiling imposed by the notification. The later 1999 notification was held not to materially alter this position, so the earlier Larger Bench ratio continued to apply. On the facts found, the credit taken did not exceed the permissible limit, and the assessee's entitlement was upheld. en-us Thu, 16 Mar 2023 00:00:00 +0530 Mon, 08 Jul 2024 20:19:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456229 Credit on inputs received from a 100% Export-Oriented Undertaking was governed by the notification limits under Rule 57A, and entitlement remained capped at the additional duty leviable on like imported goods under Section 3 of the Customs Tariff Act. The duty paid by the EOU on clearances into the Domestic Tariff Area was relevant to the measure of credit, but it did not remove the ceiling imposed by the notification. The later 1999 notification was held not to materially alter this position, so the earlier Larger Bench ratio continued to apply. On the facts found, the credit taken did not exceed the permissible limit, and the assessee's entitlement was upheld. Case-Laws Central Excise Thu, 16 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456229