2008 (11) TMI 577

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..... Shri G. Shivadass, Advocate a/w G. Venkatesh, Consultant, for the Appellant. [Order per : T.K. Jayaraman, Member (T) (Oral)]. - In terms of the impugned order, the appellant is required to pre-deposit an amount of Rs. 78,86,289/-. 2. We heard both sides. 3. The appellants imported certain goods and paid the Special Additional Duty (SAD) leviable under Section 3(5) of the Customs Tariff A .....

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..... larified that Additional Customs Duty paid in cash or through debit under the scheme may be adjusted as Cenvat credit or duty drawback. Our attention was also invited to Para 3.7.7 of the EXIM Policy wherein there is a clear provision for taking Cenvat credit of the amount debited. 5. The learned departmental representative invited our attention to earlier circular wherein a contrary stand has b .....

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