Cenvat Credit can be Utilized for Payment of Excise Duty Either on Finished Goods or Indigenous inputs: CESTAT [Read Order]

By Yogitha S. Yogesh - On September 19, 2023 8:30 pm - 2 mins read

Cenvat- Credit - Utilized - Payment - Excise- Duty - Finished- Goods - Indigenous- inputs-CESTAT-TAXSCAN

The Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that Cenvat Credit can be utilized for payment of excise duty either on finished goods or indigenous inputs. The issue raised by Zydus Lifesciences Limited ,the appellant in the appeal is that whether the payment of duty by 100% EOU…

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