https://www.taxtmi.com/caselaws?id=269185 The Tribunal upheld the first appellate authority's decision, allowing the Cenvat credit on capital goods procured before the commencement of operations. It also interpreted Rule 4(2) of CCR, 2004 to validate the timeline for claiming such credit. The appellant's claim for 100% credit in a subsequent year, two years after receiving the capital goods, was deemed admissible under the law, leading to the rejection of the revenue's appeal. en-us Tue, 27 Oct 2015 00:00:00 +0530 Sat, 17 Sep 2016 15:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269185 The Tribunal upheld the first appellate authority's decision, allowing the Cenvat credit on capital goods procured before the commencement of operations. It also interpreted Rule 4(2) of CCR, 2004 to validate the timeline for claiming such credit. The appellant's claim for 100% credit in a subsequent year, two years after receiving the capital goods, was deemed admissible under the law, leading to the rejection of the revenue's appeal. Case-Laws Service Tax Tue, 27 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269185