https://www.taxtmi.com/caselaws?id=239381 The Tribunal granted waiver of deposit and stay of recovery of CENVAT credit and penalty for the periods in question. It held that notification 4/2004-S.T. provided a conditional exemption, exempting the appellants from restrictions under Rule 6 of the CENVAT Credit Rules. The retrospective amendment under clause 6(6)(A) was considered applicable post-09-02-2006, favoring the appellants' case for the period before that date. The Tribunal's decision aligned with the interpretation that the exemption allowed for the availability of CENVAT Credit even when goods are exempted, resulting in the waiver of pre-deposit and stay against recovery of dues until case disposal. en-us Mon, 08 Jul 2013 00:00:00 +0530 Wed, 30 Apr 2014 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239381 The Tribunal granted waiver of deposit and stay of recovery of CENVAT credit and penalty for the periods in question. It held that notification 4/2004-S.T. provided a conditional exemption, exempting the appellants from restrictions under Rule 6 of the CENVAT Credit Rules. The retrospective amendment under clause 6(6)(A) was considered applicable post-09-02-2006, favoring the appellants' case for the period before that date. The Tribunal's decision aligned with the interpretation that the exemption allowed for the availability of CENVAT Credit even when goods are exempted, resulting in the waiver of pre-deposit and stay against recovery of dues until case disposal. Case-Laws Service Tax Mon, 08 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239381