https://www.taxtmi.com/caselaws?id=417806 The Tribunal allowed the appeals, concluding that the appellants could avail CENVAT credit on capital goods and simultaneously benefit from multiple notifications. The disallowance of credit was deemed unjustified, based on the interpretation of Section 5A (1A), the validity of CBEC Circulars, and the actual use of capital goods for both exempted and dutiable goods. The decision aligned with the precedent set in S.T. Cotton Exports (P) Ltd. vs. CCE Ludhiana, upheld by the Punjab & Haryana High Court. en-us Mon, 31 Jan 2022 00:00:00 +0530 Wed, 02 Feb 2022 08:44:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417806 The Tribunal allowed the appeals, concluding that the appellants could avail CENVAT credit on capital goods and simultaneously benefit from multiple notifications. The disallowance of credit was deemed unjustified, based on the interpretation of Section 5A (1A), the validity of CBEC Circulars, and the actual use of capital goods for both exempted and dutiable goods. The decision aligned with the precedent set in S.T. Cotton Exports (P) Ltd. vs. CCE Ludhiana, upheld by the Punjab & Haryana High Court. Case-Laws Central Excise Mon, 31 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417806