https://www.taxtmi.com/caselaws?id=217970 An SSI unit was held entitled to avail Cenvat credit on capital goods under Notification No. 8/2003, and the challenge to that credit failed. The reasoning accepted that registration is required for utilisation under Rule 9 of the Central Excise Rules, 2002, while Rule 4(2)(a) of the Cenvat Credit Rules, 2004 permits only 50% utilisation in the year of availment and Rule 4(2)(b) allows the balance in the following year. As the credit was taken before registration but utilised after registration, denial of the credit was found unsustainable. The order allowing credit was upheld and the Revenue appeal was rejected. en-us Fri, 11 Nov 2011 00:00:00 +0530 Wed, 31 Oct 2012 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217970 An SSI unit was held entitled to avail Cenvat credit on capital goods under Notification No. 8/2003, and the challenge to that credit failed. The reasoning accepted that registration is required for utilisation under Rule 9 of the Central Excise Rules, 2002, while Rule 4(2)(a) of the Cenvat Credit Rules, 2004 permits only 50% utilisation in the year of availment and Rule 4(2)(b) allows the balance in the following year. As the credit was taken before registration but utilised after registration, denial of the credit was found unsustainable. The order allowing credit was upheld and the Revenue appeal was rejected. Case-Laws Central Excise Fri, 11 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217970