https://www.taxtmi.com/caselaws?id=3530 Entitlement to capital goods duty credit under the Compounded Levy Scheme was linked to the year in which machinery was actually installed and commercial production commenced. Although the machinery had been received earlier, installation and production began only in the subsequent financial year, and paragraph 8 of the Board's circular was treated as governing that position. On that factual basis, 50% of the capital goods duty credit for the year of installation was accepted. en-us Fri, 30 Nov 2007 00:00:00 +0530 Wed, 16 Apr 2008 19:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3530 Entitlement to capital goods duty credit under the Compounded Levy Scheme was linked to the year in which machinery was actually installed and commercial production commenced. Although the machinery had been received earlier, installation and production began only in the subsequent financial year, and paragraph 8 of the Board's circular was treated as governing that position. On that factual basis, 50% of the capital goods duty credit for the year of installation was accepted. Case-Laws Central Excise Fri, 30 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3530