https://www.taxtmi.com/caselaws?id=395062 Credit on capital goods under the Cenvat Credit Rules may remain admissible where dutiable goods are cleared on payment of duty within the prescribed two-year period, even if the goods are also used for exempted manufacture during that time. The Tribunal noted that the lower authorities denied credit mainly on the view that the amended Rule 6(4) was not retrospective, but the factual claim of duty-paid clearances in April 2017 and June 2017 had not been verified. The matter was therefore remanded for fresh verification of whether the requisite dutiable clearances occurred within time, leaving the credit entitlement open pending that finding. en-us Tue, 21 Jan 2020 00:00:00 +0530 Tue, 05 May 2020 08:20:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395062 Credit on capital goods under the Cenvat Credit Rules may remain admissible where dutiable goods are cleared on payment of duty within the prescribed two-year period, even if the goods are also used for exempted manufacture during that time. The Tribunal noted that the lower authorities denied credit mainly on the view that the amended Rule 6(4) was not retrospective, but the factual claim of duty-paid clearances in April 2017 and June 2017 had not been verified. The matter was therefore remanded for fresh verification of whether the requisite dutiable clearances occurred within time, leaving the credit entitlement open pending that finding. Case-Laws Central Excise Tue, 21 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395062