CENEX UPDATE - 5.3.2020

CX - Rule 6(3A) - Total cenvat credit for purposes of formula herein includes total credit of common input service & not credit on inputs exclusively used to manufacture dutiable products: CESTAT CX - Denial of credit on ground that activity does not amount to manufacture - Appellants are, even otherwise, entitled to avail credit and pass on credit as a trader, if not as manufacturer: CESTAT ST - If several units are part of one company, service tax deposited by one unit under code of another unit, is a minor transgression for which substantial benefit of refund cannot be disallowed: CESTAT ST - Extended period of limitation cannot be invoked to raise duty demand in revenue-neutral circumstances: CESTAT Cus - NIDB data cannot be considered to be a legal ground for enhancement in the absence of any contemporaneous value: CESTAT Cus - Merely on the basis of minimum import price fixed by DGFT Policy circular, value of imported Rough Marble Blocks cannot be enhanced: CESTAT