https://www.taxtmi.com/caselaws?id=790158 CENVAT credit remains admissible on countervailing duty paid at a concessional rate under Notification No. 12/2012-Cus., because the levy under Section 3 of the Customs Tariff Act is relevant to the character of the duty, not the rate actually paid, and Rule 3(1)(vii) does not limit credit to tariff-rate duty. Denial of credit on the ground of a lower CVD rate was therefore unsustainable. Once credit was found admissible, the demand failed on merits; extended limitation and penalty also could not apply absent suppression, wilful misstatement, fraud, collusion, or intent to evade duty, particularly where the credit was disclosed in statutory records and the dispute was interpretational. en-us Fri, 17 Apr 2026 00:00:00 +0530 Tue, 21 Apr 2026 08:48:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790158 CENVAT credit remains admissible on countervailing duty paid at a concessional rate under Notification No. 12/2012-Cus., because the levy under Section 3 of the Customs Tariff Act is relevant to the character of the duty, not the rate actually paid, and Rule 3(1)(vii) does not limit credit to tariff-rate duty. Denial of credit on the ground of a lower CVD rate was therefore unsustainable. Once credit was found admissible, the demand failed on merits; extended limitation and penalty also could not apply absent suppression, wilful misstatement, fraud, collusion, or intent to evade duty, particularly where the credit was disclosed in statutory records and the dispute was interpretational. Case-Laws Central Excise Fri, 17 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790158