https://www.taxtmi.com/caselaws?id=334807 Cenvat credit on capital goods and parts cannot be denied merely because no clearances were made under a concessional notification during the procurement period, where the goods were otherwise used in manufacture of products cleared under that notification and the credit was otherwise admissible on the facts. The Tribunal distinguished the Revenue's relied-upon precedent on its factual setting and followed the appellant's own earlier favourable decision for another period. On that basis, the denial of credit, along with the associated duty, interest and penalty, was held unsustainable. en-us Fri, 21 Oct 2016 00:00:00 +0530 Mon, 21 Nov 2016 23:11:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334807 Cenvat credit on capital goods and parts cannot be denied merely because no clearances were made under a concessional notification during the procurement period, where the goods were otherwise used in manufacture of products cleared under that notification and the credit was otherwise admissible on the facts. The Tribunal distinguished the Revenue's relied-upon precedent on its factual setting and followed the appellant's own earlier favourable decision for another period. On that basis, the denial of credit, along with the associated duty, interest and penalty, was held unsustainable. Case-Laws Central Excise Fri, 21 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334807