https://www.taxtmi.com/caselaws?id=153870 A job worker using common inputs on which Cenvat credit was taken could retain that credit for the period before 1-4-2003, even though Rule 12B of the Central Excise Rules, 2002 was not then in force. The Tribunal treated the issue as covered against the Revenue by the Larger Bench ruling in Sterlite Industries, as upheld by the Bombay High Court, and noted that the principle was consistent with the Supreme Court's approach. It further held that earlier Rule 57C was pari materia with Rule 6(1) of the Cenvat Credit Rules, 2001/2002, so the same credit principle applied to the disputed period. The demand was therefore unsustainable. en-us Wed, 30 Dec 2009 00:00:00 +0530 Fri, 26 May 2017 09:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153870 A job worker using common inputs on which Cenvat credit was taken could retain that credit for the period before 1-4-2003, even though Rule 12B of the Central Excise Rules, 2002 was not then in force. The Tribunal treated the issue as covered against the Revenue by the Larger Bench ruling in Sterlite Industries, as upheld by the Bombay High Court, and noted that the principle was consistent with the Supreme Court's approach. It further held that earlier Rule 57C was pari materia with Rule 6(1) of the Cenvat Credit Rules, 2001/2002, so the same credit principle applied to the disputed period. The demand was therefore unsustainable. Case-Laws Central Excise Wed, 30 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153870