https://www.taxtmi.com/caselaws?id=332107 Cenvat credit on steel bars, angles, channels, MS plates and coils used in fabrication of machinery and capital goods was held admissible for the period up to 07.07.2009, as the amendment to the Cenvat Credit Rules was treated as prospective and the items were used in fabrication work. The extended period of limitation could not be invoked because the dispute was interpretative, the relevant facts were disclosed in statutory returns, and conflicting judicial views negatived any finding of suppression or intent to evade duty. The appeal therefore succeeded on merits for that period and the demand failed on limitation. en-us Thu, 08 Sep 2016 00:00:00 +0530 Mon, 21 Nov 2016 13:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332107 Cenvat credit on steel bars, angles, channels, MS plates and coils used in fabrication of machinery and capital goods was held admissible for the period up to 07.07.2009, as the amendment to the Cenvat Credit Rules was treated as prospective and the items were used in fabrication work. The extended period of limitation could not be invoked because the dispute was interpretative, the relevant facts were disclosed in statutory returns, and conflicting judicial views negatived any finding of suppression or intent to evade duty. The appeal therefore succeeded on merits for that period and the demand failed on limitation. Case-Laws Central Excise Thu, 08 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332107