https://www.taxtmi.com/caselaws?id=390056 The Tribunal allowed the appeal, finding that the appellant correctly availed Cenvat credit on capital goods and construction services. The appellant's revised Income Tax return, withdrawing depreciation claim, rendered them eligible for Cenvat credit. The Tribunal clarified that 100% credit in a subsequent financial year is permissible if not availed in the year of receipt. Additionally, the credit for service tax paid on the construction of a factory building was deemed admissible despite a clerical error in categorization. The impugned order was set aside, affirming the appellant's compliance with applicable rules and laws. en-us Fri, 20 Dec 2019 00:00:00 +0530 Mon, 23 Dec 2019 11:55:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390056 The Tribunal allowed the appeal, finding that the appellant correctly availed Cenvat credit on capital goods and construction services. The appellant's revised Income Tax return, withdrawing depreciation claim, rendered them eligible for Cenvat credit. The Tribunal clarified that 100% credit in a subsequent financial year is permissible if not availed in the year of receipt. Additionally, the credit for service tax paid on the construction of a factory building was deemed admissible despite a clerical error in categorization. The impugned order was set aside, affirming the appellant's compliance with applicable rules and laws. Case-Laws Central Excise Fri, 20 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390056