https://www.taxtmi.com/caselaws?id=126393 Rule 4(b) of the Cenvat Credit Rules, 2002 permits balance Cenvat credit on capital goods to be taken in any subsequent financial year after receipt, so long as the goods are in the manufacturer's possession and use in that year. The provision does not require installation to precede availment of credit. On that basis, delayed installation did not defeat entitlement, and the objection to the balance 50% credit was rejected. en-us Wed, 20 May 2009 00:00:00 +0530 Tue, 06 Nov 2012 11:43:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126393 Rule 4(b) of the Cenvat Credit Rules, 2002 permits balance Cenvat credit on capital goods to be taken in any subsequent financial year after receipt, so long as the goods are in the manufacturer's possession and use in that year. The provision does not require installation to precede availment of credit. On that basis, delayed installation did not defeat entitlement, and the objection to the balance 50% credit was rejected. Case-Laws Central Excise Wed, 20 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126393