https://www.taxtmi.com/caselaws?id=371570 The appellant, a manufacturer of excisable goods, faced allegations of contravening Rule 4(4) of Cenvat Credit Rules, 2002 by availing Cenvat Credit on Capital Goods while claiming depreciation under the Income Tax Act. The adjudicating authority confirmed the demand, interest, and penalty, leading to an appeal before the Commissioner, which was rejected. The appellant challenged the sustainability of the impugned order, arguing against the demand's limitation period and legal position. The final judgment set aside the order based on the limitation aspect and legal interpretations supported by previous decisions. en-us Wed, 05 Dec 2018 00:00:00 +0530 Thu, 06 Dec 2018 10:33:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371570 The appellant, a manufacturer of excisable goods, faced allegations of contravening Rule 4(4) of Cenvat Credit Rules, 2002 by availing Cenvat Credit on Capital Goods while claiming depreciation under the Income Tax Act. The adjudicating authority confirmed the demand, interest, and penalty, leading to an appeal before the Commissioner, which was rejected. The appellant challenged the sustainability of the impugned order, arguing against the demand's limitation period and legal position. The final judgment set aside the order based on the limitation aspect and legal interpretations supported by previous decisions. Case-Laws Central Excise Wed, 05 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371570