https://www.taxtmi.com/caselaws?id=220732 The High Court upheld the Tribunal's decision that the amendment to Rule 6 of the CENVAT Credit Rules, 2004 did not have retrospective effect for the period from January to March 2008. It confirmed the Tribunal's finding that the respondent did not need to pay 10% of the price for DBM cleared in January and February 2008 as CENVAT credit was not availed. The Court agreed with the Tribunal's direction to verify the reversal of credit for March 2008 and dismissed the appeal, directing the respondent to provide evidence for the remand proceedings. en-us Fri, 11 Jan 2013 00:00:00 +0530 Sat, 02 Nov 2013 10:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220732 The High Court upheld the Tribunal's decision that the amendment to Rule 6 of the CENVAT Credit Rules, 2004 did not have retrospective effect for the period from January to March 2008. It confirmed the Tribunal's finding that the respondent did not need to pay 10% of the price for DBM cleared in January and February 2008 as CENVAT credit was not availed. The Court agreed with the Tribunal's direction to verify the reversal of credit for March 2008 and dismissed the appeal, directing the respondent to provide evidence for the remand proceedings. Case-Laws Central Excise Fri, 11 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220732