https://www.taxtmi.com/caselaws?id=245644 The appellant was found not entitled to cenvat credit for capital goods subjected to depreciation as per the Cenvat Credit Rules 2002. The inadmissible credit amounting to Rs.3,72,349 was correctly ordered for reversal. Additionally, the appellant was liable to pay interest for the delayed payment of Rs.780. Regarding the inadmissible cenvat credit of Rs.9,57,983, interest was deemed payable due to the benefit accrued by the appellant during the period of wrongful availment. The judgment allowed the appeal partially, outlining specific rulings for each issue. en-us Fri, 18 Jan 2013 00:00:00 +0530 Fri, 04 Apr 2014 10:24:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245644 The appellant was found not entitled to cenvat credit for capital goods subjected to depreciation as per the Cenvat Credit Rules 2002. The inadmissible credit amounting to Rs.3,72,349 was correctly ordered for reversal. Additionally, the appellant was liable to pay interest for the delayed payment of Rs.780. Regarding the inadmissible cenvat credit of Rs.9,57,983, interest was deemed payable due to the benefit accrued by the appellant during the period of wrongful availment. The judgment allowed the appeal partially, outlining specific rulings for each issue. Case-Laws Central Excise Fri, 18 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245644