https://www.taxtmi.com/highlights?id=55936 CENVAT Credit - capital goods - In the instant case, the capital goods are installed after commencement of production in the year 2016-17. The credit would have been inadmissible to the appellant if they have continued to clear exempted goods till 2018-19. However, records of the case indicate that the appellant has cleared goods on payment of duty during 2017-18 as evidenced by the ER-1 filed for the month of June 2017. Therefore, in view of the amended provisions the credit is admissible to the appellant. - AT en-us Fri, 18 Dec 2020 16:32:34 +0530 Fri, 18 Dec 2020 16:32:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55936 CENVAT Credit - capital goods - In the instant case, the capital goods are installed after commencement of production in the year 2016-17. The credit would have been inadmissible to the appellant if they have continued to clear exempted goods till 2018-19. However, records of the case indicate that the appellant has cleared goods on payment of duty during 2017-18 as evidenced by the ER-1 filed for the month of June 2017. Therefore, in view of the amended provisions the credit is admissible to the appellant. - AT Highlights Central Excise Fri, 18 Dec 2020 16:32:34 +0530 https://www.taxtmi.com/highlights?id=55936