HomeIndirect TaxesCESTAT Allows CENVAT Credit on CVD/SAD Paid Through DEPB Scrips

CESTAT Allows CENVAT Credit on CVD/SAD Paid Through DEPB Scrips

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The Hyderabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has ruled that manufacturers are entitled to avail CENVAT credit of Countervailing Duty (CVD) and Special Additional Duty (SAD) even when such duties are paid through debit of Duty Entitlement Pass Book (DEPB) scrips instead of cash.  The Bench of Angad Prasad…

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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