https://www.taxtmi.com/caselaws?id=762822 CESTAT Kolkata dismissed Revenue's appeal regarding irregular availment of Cenvat Credit on education cess and secondary higher education cess on CVD debited from DEPB. Following precedent in Laser Shaving case, the tribunal held that education cess and secondary higher education cess on CVD equal to basic excise duty forms part of CVD itself. Under Rule 3(7) of Cenvat Credit Rules 2004 read with Notification 85/2005, respondent was entitled to avail Cenvat Credit on education cess and secondary higher education cess on imported goods. The impugned order was upheld. en-us Tue, 03 Dec 2024 00:00:00 +0530 Mon, 09 Dec 2024 08:44:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762822 CESTAT Kolkata dismissed Revenue's appeal regarding irregular availment of Cenvat Credit on education cess and secondary higher education cess on CVD debited from DEPB. Following precedent in Laser Shaving case, the tribunal held that education cess and secondary higher education cess on CVD equal to basic excise duty forms part of CVD itself. Under Rule 3(7) of Cenvat Credit Rules 2004 read with Notification 85/2005, respondent was entitled to avail Cenvat Credit on education cess and secondary higher education cess on imported goods. The impugned order was upheld. Case-Laws Central Excise Tue, 03 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762822