https://www.taxtmi.com/caselaws?id=332365 The appellate tribunal ruled in favor of the appellant, allowing them to utilize the accumulated Cenvat credit of duty earned before opting for exemption under notification 30/2004-CE dated 09.07.2004. The tribunal held that the introduction of Rule 11(3) had prospective application from 01.03.2007, and as the appellant's case pertained to a period before this date, their credits should not lapse. en-us Thu, 14 Jul 2016 00:00:00 +0530 Thu, 15 Sep 2016 10:58:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332365 The appellate tribunal ruled in favor of the appellant, allowing them to utilize the accumulated Cenvat credit of duty earned before opting for exemption under notification 30/2004-CE dated 09.07.2004. The tribunal held that the introduction of Rule 11(3) had prospective application from 01.03.2007, and as the appellant's case pertained to a period before this date, their credits should not lapse. Case-Laws Central Excise Thu, 14 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332365