https://www.taxtmi.com/caselaws?id=340372 Substantial expansion by an existing unit, shown by an increase in installed capacity of more than 25% in the same premises with supporting technical material, qualified for exemption under Notification No. 50/2003-CE; the unit was therefore not to be treated as a new industrial unit. Valid Cenvat credit taken on inputs when the final product was dutiable did not require reversal merely because the product later became exempt under a subsequent notification, as such credit remains indefeasible unless the Rules specifically provide otherwise. The analysis applied a liberal construction to the exemption and affirmed retention of the credit. en-us Wed, 15 Feb 2017 00:00:00 +0530 Sat, 30 Dec 2017 14:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340372 Substantial expansion by an existing unit, shown by an increase in installed capacity of more than 25% in the same premises with supporting technical material, qualified for exemption under Notification No. 50/2003-CE; the unit was therefore not to be treated as a new industrial unit. Valid Cenvat credit taken on inputs when the final product was dutiable did not require reversal merely because the product later became exempt under a subsequent notification, as such credit remains indefeasible unless the Rules specifically provide otherwise. The analysis applied a liberal construction to the exemption and affirmed retention of the credit. Case-Laws Central Excise Wed, 15 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340372