https://www.taxtmi.com/caselaws?id=212060 Cenvat credit on capital goods was examined in the context of their use only for manufacture of an intermediate product, spirit, before conversion into denatured spirit as the final dutiable product. The analysis states that Rule 3 of the Cenvat Credit Rules, 2004 allows credit only where the capital goods are used in the manufacture of the final product, and that a mere role in producing an exempt intermediate product is insufficient unless it forms part of a continuous manufacturing process leading directly to the dutiable product. On limitation, the extended period was considered unsustainable for the earlier demand because the record did not clearly establish suppression or undisclosed facts. en-us Fri, 18 Mar 2011 00:00:00 +0530 Fri, 13 Apr 2012 07:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212060 Cenvat credit on capital goods was examined in the context of their use only for manufacture of an intermediate product, spirit, before conversion into denatured spirit as the final dutiable product. The analysis states that Rule 3 of the Cenvat Credit Rules, 2004 allows credit only where the capital goods are used in the manufacture of the final product, and that a mere role in producing an exempt intermediate product is insufficient unless it forms part of a continuous manufacturing process leading directly to the dutiable product. On limitation, the extended period was considered unsustainable for the earlier demand because the record did not clearly establish suppression or undisclosed facts. Case-Laws Central Excise Fri, 18 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212060