https://www.taxtmi.com/caselaws?id=761018 The CESTAT Mumbai held that a 100% EOU's utilization of CENVAT credit for duty payment on inputs cleared to DTA was legally permissible. The tribunal found that extended period of limitation could not be invoked as departmental authorities had granted specific permissions for such clearances and were aware of the transactions. Citing Supreme Court precedent in Blue Star Ltd., the tribunal ruled extended period is not applicable for goods cleared through CT-3 procedure by 100% EOU units. Since normal period demands were also time-barred and duty was properly discharged through CENVAT credit, all demands, confiscation orders, and penalties were set aside, allowing the appeal. en-us Mon, 28 Oct 2024 00:00:00 +0530 Wed, 30 Oct 2024 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761018 The CESTAT Mumbai held that a 100% EOU's utilization of CENVAT credit for duty payment on inputs cleared to DTA was legally permissible. The tribunal found that extended period of limitation could not be invoked as departmental authorities had granted specific permissions for such clearances and were aware of the transactions. Citing Supreme Court precedent in Blue Star Ltd., the tribunal ruled extended period is not applicable for goods cleared through CT-3 procedure by 100% EOU units. Since normal period demands were also time-barred and duty was properly discharged through CENVAT credit, all demands, confiscation orders, and penalties were set aside, allowing the appeal. Case-Laws Central Excise Mon, 28 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761018