https://www.taxtmi.com/caselaws?id=119424 CENVAT credit on duty-paid plastic crates and glass bottles lying in balance on 1-4-2000 was held admissible under the transitional credit scheme, because the Board's clarification protected inputs received in the factory on or before 31-3-2000 even where credit had not yet been taken. The Tribunal treated the circular as binding on departmental authorities, noted that receipt and duty payment were undisputed, and found no mala fides or irregular availment. Denial of credit would have defeated the transitional scheme, so the Revenue's challenge failed and the order granting credit, interest relief, and deletion of penalty was sustained. en-us Tue, 14 Feb 2006 00:00:00 +0530 Wed, 11 Jul 2012 10:38:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119424 CENVAT credit on duty-paid plastic crates and glass bottles lying in balance on 1-4-2000 was held admissible under the transitional credit scheme, because the Board's clarification protected inputs received in the factory on or before 31-3-2000 even where credit had not yet been taken. The Tribunal treated the circular as binding on departmental authorities, noted that receipt and duty payment were undisputed, and found no mala fides or irregular availment. Denial of credit would have defeated the transitional scheme, so the Revenue's challenge failed and the order granting credit, interest relief, and deletion of penalty was sustained. Case-Laws Central Excise Tue, 14 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119424