https://www.taxtmi.com/caselaws?id=123469 Cenvat credit was not available on inputs used to manufacture exempt capital goods that were captively consumed. The Tribunal held that the exemption notification governing inputs for exempt final products did not confer entitlement to credit, and under the applicable credit rule no credit arose where the inputs were used in exempt final products. The assessee also failed to show that the capital goods were used in the manufacture of dutiable finished products, so denial of credit was upheld. en-us Fri, 28 Mar 2008 00:00:00 +0530 Fri, 14 Sep 2012 13:19:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123469 Cenvat credit was not available on inputs used to manufacture exempt capital goods that were captively consumed. The Tribunal held that the exemption notification governing inputs for exempt final products did not confer entitlement to credit, and under the applicable credit rule no credit arose where the inputs were used in exempt final products. The assessee also failed to show that the capital goods were used in the manufacture of dutiable finished products, so denial of credit was upheld. Case-Laws Central Excise Fri, 28 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123469