https://www.taxtmi.com/caselaws?id=405756 The High Court upheld the Tribunal's decision, ruling in favor of the respondent-assessee. It held that the final product did not qualify as "exempted goods" under Rule 2(d) of the CENVAT Credit Rules since it was not exempt from all duties. The Court agreed that the exemption under the Notification dated 21.01.2004 was conditional, not unconditional, allowing the assessee to claim CENVAT credit on inputs and capital goods. As a result, the department's appeal was dismissed, affirming the assessee's entitlement to avail CENVAT credit. en-us Mon, 22 Mar 2021 00:00:00 +0530 Thu, 21 Oct 2021 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405756 The High Court upheld the Tribunal's decision, ruling in favor of the respondent-assessee. It held that the final product did not qualify as "exempted goods" under Rule 2(d) of the CENVAT Credit Rules since it was not exempt from all duties. The Court agreed that the exemption under the Notification dated 21.01.2004 was conditional, not unconditional, allowing the assessee to claim CENVAT credit on inputs and capital goods. As a result, the department's appeal was dismissed, affirming the assessee's entitlement to avail CENVAT credit. Case-Laws Central Excise Mon, 22 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405756