https://www.taxtmi.com/caselaws?id=799082 Cenvat credit is admissible for countervailing duty paid at the concessional rate under Notification No. 12/2012-Customs. Rule 3(1)(vii) of the Cenvat Credit Rules, 2004 permits credit of additional duty levied under the Customs Tariff Act where it is equivalent to the specified excise duty. Countervailing duty paid at 2% under the Customs exemption remained equivalent duty for this purpose. The restriction under the separate Notification No. 12/2012-Central Excise did not apply to credit of countervailing duty paid under the Customs notification. en-us Tue, 25 Aug 2026 00:00:00 +0530 Thu, 17 Sep 2026 07:52:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799082 Cenvat credit is admissible for countervailing duty paid at the concessional rate under Notification No. 12/2012-Customs. Rule 3(1)(vii) of the Cenvat Credit Rules, 2004 permits credit of additional duty levied under the Customs Tariff Act where it is equivalent to the specified excise duty. Countervailing duty paid at 2% under the Customs exemption remained equivalent duty for this purpose. The restriction under the separate Notification No. 12/2012-Central Excise did not apply to credit of countervailing duty paid under the Customs notification. Case-Laws Central Excise Tue, 25 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799082