https://www.taxtmi.com/caselaws?id=121098 Rule 3(4) of the Cenvat Credit Rules, 2002 applies to capital goods removed as such on transaction value, not to capital goods removed after being put to use. On that basis, the text states that duty was not payable on removal of used capital goods after six years of use. The Board circular cited for the Revenue did not change the position adopted in the Tribunal decisions relied on, and the order dropping the demand was found to disclose no prima facie infirmity. The Revenue's stay application was therefore rejected. en-us Wed, 27 Dec 2006 00:00:00 +0530 Thu, 26 Jul 2012 15:45:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121098 Rule 3(4) of the Cenvat Credit Rules, 2002 applies to capital goods removed as such on transaction value, not to capital goods removed after being put to use. On that basis, the text states that duty was not payable on removal of used capital goods after six years of use. The Board circular cited for the Revenue did not change the position adopted in the Tribunal decisions relied on, and the order dropping the demand was found to disclose no prima facie infirmity. The Revenue's stay application was therefore rejected. Case-Laws Central Excise Wed, 27 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121098