Cenvat Credit eligible on duty paid on import through utilization of DEPB scrips

Desmet Reagent Pvt. Ltd Vs Commissioner of Central Goods (CESTAT Delhi) Appellant urges that there is no disability provided under Rule 3 of CCR that Cenvat Credit shall not be available, if the duty is paid in the case of import through utilization of DEPB scrips. Rather Rule 9 of CCR specifically provides that one of the documents for availing credit is the Bill of Entry. Evidently, the bill of entry reflects the amount of CVD and Cess paid on the imported raw materials. Accordingly, prays for allowing the appeal with consequential benefits. Having considered the rival contentions, CESTAT fi...