2011 (11) TMI 247

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..... - 34729 - CESTAT, Banglore) - E/1219/2010 - - - Dated:- 16-11-2011 - MR. B.S.V. MURTHY, Represented by: Shri S.J. Vyas, Adv. for Assessee. Shri R.Srova, A.R. for the Revenue. Per: Mr.B.S.V. Murthy: The assessee had availed CENVAT Credit of Education Cess on the strength of invoices issued by a 100% EOU. On the ground that the assessee is entitled to CENVAT Cr .....

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..... iven under Rule 3(7)(a) of CENVAT Credit Rules, 2004 only. According to this formula prescribed under Rule 3(7)(a), for the goods manufactured by EOU, CENVAT Credit available is 50% of the formula given there. Ld.Counsel for the respondents submits that the issue is no longer res-integra and in the case of Emcure Pharmaceuticals Ltd Vs CCE Pune 2008 (225) ELT 513 (Tri-Mumbai), this Tribunal cons .....

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