https://www.taxtmi.com/caselaws?id=372076 Under the amended CENVAT framework, eligibility for credit on bought-out items exported with self-manufactured machinery had to be tested against the later, wider definition of input rather than the earlier Supreme Court ruling built on a narrower regime. The broadened inclusive wording was construed expansively, and Rule 16 of the Central Excise Rules, 2002, read with the Board's clarification, supported credit for duty-paid goods brought into the factory for any reason and exported as such. On that basis, the bought-out items qualified for CENVAT credit, and the associated demands, interest, and penalties could not survive for the later period. en-us Fri, 16 Nov 2018 00:00:00 +0530 Tue, 18 Dec 2018 05:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372076 Under the amended CENVAT framework, eligibility for credit on bought-out items exported with self-manufactured machinery had to be tested against the later, wider definition of input rather than the earlier Supreme Court ruling built on a narrower regime. The broadened inclusive wording was construed expansively, and Rule 16 of the Central Excise Rules, 2002, read with the Board's clarification, supported credit for duty-paid goods brought into the factory for any reason and exported as such. On that basis, the bought-out items qualified for CENVAT credit, and the associated demands, interest, and penalties could not survive for the later period. Case-Laws Central Excise Fri, 16 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372076