https://www.taxtmi.com/caselaws?id=121677 A concessional exemption notification effective from 01.03.2003 removed the earlier bar on taking Cenvat credit under the Cenvat Credit Rules, 2002. From that date, clearances were governed by the revised notification, so credit on inputs, raw materials, and stock lying in the factory or in process on 01.03.2003 was consistent with the amended regime. The assessee was therefore entitled to the credit, and the disallowance was set aside. en-us Fri, 13 Apr 2007 00:00:00 +0530 Wed, 01 Aug 2012 14:21:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121677 A concessional exemption notification effective from 01.03.2003 removed the earlier bar on taking Cenvat credit under the Cenvat Credit Rules, 2002. From that date, clearances were governed by the revised notification, so credit on inputs, raw materials, and stock lying in the factory or in process on 01.03.2003 was consistent with the amended regime. The assessee was therefore entitled to the credit, and the disallowance was set aside. Case-Laws Central Excise Fri, 13 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121677