No CENVAT Credit if duty paid by DEPB Scheme
Unless Countervailing Duty (CVD) had been paid in cash, the assessee was not entitled to take credit based merely upon the debit entry in the passbook under DEPB Scheme HIGH COURT OF MADRAS Mohan Breweries & Distilleries Ltd. v. Commissioner of Central Excise, Pondicherry Commissionerate V. RAMASUBRAMANIAN AND T. MATHIVANAN, JJ. C.M.A. NO. 386 OF… Read More »