https://www.taxtmi.com/caselaws?id=369401 A six-month time limit for taking Cenvat credit introduced by amendment applied prospectively and could not be used to deny credit on invoices issued before the amendment came into force. Credit on the balance 50% of capital goods credit was also admissible because no statutory restriction required it to be taken within six months. The demand was time-barred since the credit was recorded in Cenvat records and there was no evidence of suppression, misstatement, or mala fide intent to justify the extended limitation period. The denial of credit and consequent demand were therefore unsustainable. en-us Thu, 25 Oct 2018 00:00:00 +0530 Sat, 15 Feb 2020 15:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369401 A six-month time limit for taking Cenvat credit introduced by amendment applied prospectively and could not be used to deny credit on invoices issued before the amendment came into force. Credit on the balance 50% of capital goods credit was also admissible because no statutory restriction required it to be taken within six months. The demand was time-barred since the credit was recorded in Cenvat records and there was no evidence of suppression, misstatement, or mala fide intent to justify the extended limitation period. The denial of credit and consequent demand were therefore unsustainable. Case-Laws Central Excise Thu, 25 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369401