https://www.taxtmi.com/caselaws?id=247863 The High Court allowed the Revenue's appeal, ruling in favor of the correct interpretation of Rule 57AC of the Central Excise Rules, 1944. The Court held that Cenvat credit could be availed for goods received before 1-4-2000 but installed after that date, subject to certain conditions. Additionally, the penalty imposition on the debt payable upon capital goods was deemed valid, overturning the CESTAT's decision and reinstating the Commissioner's original order from 2004. en-us Thu, 08 Sep 2011 00:00:00 +0530 Sun, 25 May 2014 13:35:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247863 The High Court allowed the Revenue's appeal, ruling in favor of the correct interpretation of Rule 57AC of the Central Excise Rules, 1944. The Court held that Cenvat credit could be availed for goods received before 1-4-2000 but installed after that date, subject to certain conditions. Additionally, the penalty imposition on the debt payable upon capital goods was deemed valid, overturning the CESTAT's decision and reinstating the Commissioner's original order from 2004. Case-Laws Central Excise Thu, 08 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247863