2012 (10) TMI 1002 - HC - Central Excise

Utilisation of CENVAT credit - whether CENVAT credit of Basic Excise Duty can be utilized for paying education cess?

Summary

The High Court of Gauhati recalled an impugned order and restored a Central Excise reference to its original number. The court ruled in favor of the assessee, stating that CENVAT credit of Basic Excise Duty can be used for paying education cess. The reference was disposed of accordingly.