https://www.taxtmi.com/caselaws?id=265571 CENVAT credit on capital goods was held admissible where the machinery was not exclusively used for exempted goods. Rule 6(4) of the Cenvat Credit Rules, 2002 was applied on the footing that capital goods have a continuing life, so the relevant enquiry was not limited to the initial period of installation. Because the assessee had declared from the outset that the new line would serve both taxable and non-taxable beverages, the credit remained unutilised until dutiable manufacture began, and the machinery was thereafter used for both categories of goods. The denial of credit was set aside and the Revenue's challenge failed. en-us Wed, 29 Apr 2015 00:00:00 +0530 Sat, 02 Jan 2016 16:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265571 CENVAT credit on capital goods was held admissible where the machinery was not exclusively used for exempted goods. Rule 6(4) of the Cenvat Credit Rules, 2002 was applied on the footing that capital goods have a continuing life, so the relevant enquiry was not limited to the initial period of installation. Because the assessee had declared from the outset that the new line would serve both taxable and non-taxable beverages, the credit remained unutilised until dutiable manufacture began, and the machinery was thereafter used for both categories of goods. The denial of credit was set aside and the Revenue's challenge failed. Case-Laws Central Excise Wed, 29 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265571