https://www.taxtmi.com/caselaws?id=386117 The Tribunal held that Cenvat Credit on capital goods used for manufacturing exempted goods was admissible. It found that the capital goods were not used exclusively for exempted goods for two years as required by Rule 6(4) of the Cenvat Credit Rules. The Tribunal considered the retrospective effect of the amendment and relevant case laws, ultimately allowing the appeals and emphasizing the importance of Notification No. 29/2004-CE and 30/2004-CE in determining the admissibility of Cenvat Credit. en-us Fri, 20 Sep 2019 00:00:00 +0530 Sat, 21 Sep 2019 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386117 The Tribunal held that Cenvat Credit on capital goods used for manufacturing exempted goods was admissible. It found that the capital goods were not used exclusively for exempted goods for two years as required by Rule 6(4) of the Cenvat Credit Rules. The Tribunal considered the retrospective effect of the amendment and relevant case laws, ultimately allowing the appeals and emphasizing the importance of Notification No. 29/2004-CE and 30/2004-CE in determining the admissibility of Cenvat Credit. Case-Laws Central Excise Fri, 20 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386117