https://www.taxtmi.com/caselaws?id=331553 CENVAT credit on capital goods depends on the duty status of the final products on the date the goods are received. Rule 6(4) bars credit where capital goods are used exclusively for exempted goods, and later in-year emergence of dutiable clearance does not retrospectively create eligibility. Applying the Larger Bench view, the Tribunal treated the receipt date as the ative point and held that capital goods received when the final products were exempt or chargeable to nil rate duty remained ineligible for credit. The demand was therefore sustained. en-us Tue, 09 Aug 2016 00:00:00 +0530 Fri, 06 Jan 2017 11:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331553 CENVAT credit on capital goods depends on the duty status of the final products on the date the goods are received. Rule 6(4) bars credit where capital goods are used exclusively for exempted goods, and later in-year emergence of dutiable clearance does not retrospectively create eligibility. Applying the Larger Bench view, the Tribunal treated the receipt date as the ative point and held that capital goods received when the final products were exempt or chargeable to nil rate duty remained ineligible for credit. The demand was therefore sustained. Case-Laws Central Excise Tue, 09 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331553