https://www.taxtmi.com/caselaws?id=346536 The Court held that the first proviso to Rule 3(4) of the CENVAT Credit Rules, 2004, was ultra vires and unconstitutional as it imposed unreasonable restrictions on the utilization of CENVAT Credit. The impugned show cause notice demanding duties, interest, and penalties was set aside. The Court directed the appropriate authority to adjudicate the matter in line with the ruling, declaring the proviso unconstitutional. The jurisdictional objection raised by the respondents was overruled, affirming the Gujarat High Court's jurisdiction in the case. en-us Fri, 28 Jul 2017 00:00:00 +0530 Wed, 05 Jun 2019 14:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346536 The Court held that the first proviso to Rule 3(4) of the CENVAT Credit Rules, 2004, was ultra vires and unconstitutional as it imposed unreasonable restrictions on the utilization of CENVAT Credit. The impugned show cause notice demanding duties, interest, and penalties was set aside. The Court directed the appropriate authority to adjudicate the matter in line with the ruling, declaring the proviso unconstitutional. The jurisdictional objection raised by the respondents was overruled, affirming the Gujarat High Court's jurisdiction in the case. Case-Laws Central Excise Fri, 28 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346536