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Export Unit Wins Appeal: Allowed to Use Cenvat Credit for Countervailing Duty Payment During De-bonding Process.

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Full Text of the Document

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....100% EOU - amount of the counter-veiling duty payable at the time of de-bonding 100% EOU can be paid from the accumulated Cenvat credit by an EOU Unit or not - It is found that the appellant unit was right in paying amount of counterveiling duty from the accumulated Cenvat credit and therefore the appeal on merit succeeds. - AT....