https://www.taxtmi.com/caselaws?id=219367 The Tribunal ruled in favor of the appellant, finding that Rule 3(5) of the Cenvat Credit Rules, 2004 did not apply to the case concerning the payment of excise duty on capital goods sold after a significant period of use. The Tribunal considered the specific circumstances of the case, including the duration of use of the capital goods, and aligned its decision with legal precedents emphasizing the importance of actual use and depreciation of capital goods in determining the applicability of the rule. The Commissioner (Appeals)'s order was set aside in favor of the appellant. en-us Tue, 24 Apr 2012 00:00:00 +0530 Mon, 10 Dec 2012 17:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219367 The Tribunal ruled in favor of the appellant, finding that Rule 3(5) of the Cenvat Credit Rules, 2004 did not apply to the case concerning the payment of excise duty on capital goods sold after a significant period of use. The Tribunal considered the specific circumstances of the case, including the duration of use of the capital goods, and aligned its decision with legal precedents emphasizing the importance of actual use and depreciation of capital goods in determining the applicability of the rule. The Commissioner (Appeals)'s order was set aside in favor of the appellant. Case-Laws Central Excise Tue, 24 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219367