Unutilized Credit of EC and SHE could not be cross-utilized against excise duty or service tax

Cellular Operators Association of India Vs Union of India (Delhi High Court) The grievance of the petitioners is, and they claim a vested right to avail benefit of the unutilized amount of EC or SHE credit, which was available and had not been set off as on 1st March, 2015 and 1st June, 2015 for payment of tax on excisable goods and taxable services respectively. The contention is that EC and SHE were subsumed in the Central Excise Duty, the general rate of which was increased from 12% to 12.5%, and service tax, which was increased from 12.36% to 14%. The contention of the Appellants is that ...