https://www.taxtmi.com/caselaws?id=123123 Liability on removal of capital goods as such is governed by the rule in force on the date of clearance, not by the date on which credit was originally taken. Here, capital goods were removed in May 2003, when the Cenvat Credit Rules, 2002 applied; Rule 3(4) required payment of an amount equal to the credit availed on such removal. The earlier taking of credit in 1994 did not take the clearance outside the 2002 regime. The appeal succeeded, the Commissioner (Appeals) order was set aside, and the adjudication order was restored. en-us Tue, 20 Nov 2007 00:00:00 +0530 Wed, 20 Sep 2017 11:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123123 Liability on removal of capital goods as such is governed by the rule in force on the date of clearance, not by the date on which credit was originally taken. Here, capital goods were removed in May 2003, when the Cenvat Credit Rules, 2002 applied; Rule 3(4) required payment of an amount equal to the credit availed on such removal. The earlier taking of credit in 1994 did not take the clearance outside the 2002 regime. The appeal succeeded, the Commissioner (Appeals) order was set aside, and the adjudication order was restored. Case-Laws Central Excise Tue, 20 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123123