https://www.taxtmi.com/caselaws?id=381239 The appellant, previously availing exemption under Notification No. 50/2003-CE, procured capital goods before opting out from the exemption. The court ruled in favor of the appellant, allowing them cenvat credit under Rule 4(2)(a) of Cenvat Credit Rules, 2004, as they availed credit in the year they produced both dutiable and exempted goods. The judgment emphasized the timing and nature of goods during procurement in determining credit entitlement, setting aside the denial of cenvat credit and granting the appeal with consequential relief. en-us Thu, 02 May 2019 00:00:00 +0530 Fri, 07 Jun 2019 07:26:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381239 The appellant, previously availing exemption under Notification No. 50/2003-CE, procured capital goods before opting out from the exemption. The court ruled in favor of the appellant, allowing them cenvat credit under Rule 4(2)(a) of Cenvat Credit Rules, 2004, as they availed credit in the year they produced both dutiable and exempted goods. The judgment emphasized the timing and nature of goods during procurement in determining credit entitlement, setting aside the denial of cenvat credit and granting the appeal with consequential relief. Case-Laws Central Excise Thu, 02 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381239