https://www.taxtmi.com/caselaws?id=277713 The appellant successfully availed Cenvat credit on imported marble slabs after surpassing the small scale exemption limit. The Tribunal ruled in favor of the appellant, allowing credit for stock older than six months based on Bills of Entries. It was held that Rule 4(1) should not restrict the right to avail credit upon exiting the exemption scheme, emphasizing the harmonious interpretation of Rules 3(2) and 4(1) of the Cenvat Credit Rules. The appeal was allowed, setting aside the previous orders and granting the appellant entitlement to Cenvat credit under Rule 3(2). en-us Mon, 17 Sep 2018 00:00:00 +0530 Fri, 09 Sep 2022 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277713 The appellant successfully availed Cenvat credit on imported marble slabs after surpassing the small scale exemption limit. The Tribunal ruled in favor of the appellant, allowing credit for stock older than six months based on Bills of Entries. It was held that Rule 4(1) should not restrict the right to avail credit upon exiting the exemption scheme, emphasizing the harmonious interpretation of Rules 3(2) and 4(1) of the Cenvat Credit Rules. The appeal was allowed, setting aside the previous orders and granting the appellant entitlement to Cenvat credit under Rule 3(2). Case-Laws Central Excise Mon, 17 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277713