https://www.taxtmi.com/caselaws?id=384383 The High Court allowed the appeals, overturning the Tribunal's decision and granting the Assessee the benefit of Cenvat Credit for all duties paid upon de-bonding, not limited to those on capital goods. The Court emphasized a harmonious interpretation of Rule 3 and the proviso to achieve the objective of eliminating the cascading effect of duties. The orders of the Assessing Officer and the Appellate Authority were set aside, and the Court highlighted the importance of allowing set-offs for duties paid to fulfill the purpose of Rule 3. en-us Tue, 06 Aug 2019 00:00:00 +0530 Thu, 12 Dec 2019 16:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384383 The High Court allowed the appeals, overturning the Tribunal's decision and granting the Assessee the benefit of Cenvat Credit for all duties paid upon de-bonding, not limited to those on capital goods. The Court emphasized a harmonious interpretation of Rule 3 and the proviso to achieve the objective of eliminating the cascading effect of duties. The orders of the Assessing Officer and the Appellate Authority were set aside, and the Court highlighted the importance of allowing set-offs for duties paid to fulfill the purpose of Rule 3. Case-Laws Central Excise Tue, 06 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384383