https://www.taxtmi.com/caselaws?id=367612 The Tribunal clarified that the conditional exemption under Notification No. 30/2004 Central Excise dated 09.07.2004 required non-availment of Cenvat credit on inputs. It held that Rule 11(3) of the Cenvat Credit Rule, 2004 did not apply as the exemption was conditional, allowing the appellant to use unutilized Cenvat credit later. The appellant successfully utilized remaining credit for duty payment, with the Tribunal ruling in their favor. The Tribunal allowed the appeals of the assessees and dismissed the Revenue's appeal, emphasizing the conditional nature of the exemption and rejecting the argument for credit lapse. en-us Fri, 27 Jul 2018 00:00:00 +0530 Mon, 24 Sep 2018 07:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367612 The Tribunal clarified that the conditional exemption under Notification No. 30/2004 Central Excise dated 09.07.2004 required non-availment of Cenvat credit on inputs. It held that Rule 11(3) of the Cenvat Credit Rule, 2004 did not apply as the exemption was conditional, allowing the appellant to use unutilized Cenvat credit later. The appellant successfully utilized remaining credit for duty payment, with the Tribunal ruling in their favor. The Tribunal allowed the appeals of the assessees and dismissed the Revenue's appeal, emphasizing the conditional nature of the exemption and rejecting the argument for credit lapse. Case-Laws Central Excise Fri, 27 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367612