https://www.taxtmi.com/caselaws?id=252310 Cenvat credit on capital goods remained admissible where the goods were used exclusively in manufacturing exempt intermediate products for job work, because Rule 6(4) barred credit only when capital goods were used exclusively for exempted goods. The credit could not be denied when the intermediate goods were ultimately used by the principal manufacturer to produce and clear dutiable final products on payment of duty. The CBEC circular and cited precedents supported this view, reflecting the object of Cenvat credit to avoid cascading of duty. en-us Thu, 25 Sep 2014 00:00:00 +0530 Tue, 13 Jan 2015 11:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252310 Cenvat credit on capital goods remained admissible where the goods were used exclusively in manufacturing exempt intermediate products for job work, because Rule 6(4) barred credit only when capital goods were used exclusively for exempted goods. The credit could not be denied when the intermediate goods were ultimately used by the principal manufacturer to produce and clear dutiable final products on payment of duty. The CBEC circular and cited precedents supported this view, reflecting the object of Cenvat credit to avoid cascading of duty. Case-Laws Central Excise Thu, 25 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252310