https://www.taxtmi.com/caselaws?id=114103 Rule 3(4) of the Cenvat Credit Rules, 2002 applies when capital goods on which credit has been taken are removed as such from the factory, requiring duty payment on that removal. On a prima facie view, payment of duty on clearance of salvaged capital goods after a fire was treated as compliance with the rule. The appellant therefore established a prima facie case for complete waiver of pre-deposit of duty and penalty, and recovery was stayed pending the appeal. en-us Wed, 25 Aug 2004 00:00:00 +0530 Fri, 11 May 2012 12:25:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114103 Rule 3(4) of the Cenvat Credit Rules, 2002 applies when capital goods on which credit has been taken are removed as such from the factory, requiring duty payment on that removal. On a prima facie view, payment of duty on clearance of salvaged capital goods after a fire was treated as compliance with the rule. The appellant therefore established a prima facie case for complete waiver of pre-deposit of duty and penalty, and recovery was stayed pending the appeal. Case-Laws Central Excise Wed, 25 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114103