https://www.taxtmi.com/caselaws?id=423538 The court dismissed the Revenue's appeal against the CESTAT order, affirming the allowance of CENVAT credit on capital goods used for manufacturing exempted goods. The court emphasized that the goods were cleared on payment of duty within the stipulated period, making them eligible for credit despite the initial ruling by the Commissioner (Appeals). The court's decision was supported by the interpretation of relevant rules, including Rule 6(4) and Rule 6(6)(v) of the CENVAT Credit Rules, 2004, and previous legal precedents. en-us Fri, 27 May 2022 00:00:00 +0530 Thu, 09 Jun 2022 08:15:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423538 The court dismissed the Revenue's appeal against the CESTAT order, affirming the allowance of CENVAT credit on capital goods used for manufacturing exempted goods. The court emphasized that the goods were cleared on payment of duty within the stipulated period, making them eligible for credit despite the initial ruling by the Commissioner (Appeals). The court's decision was supported by the interpretation of relevant rules, including Rule 6(4) and Rule 6(6)(v) of the CENVAT Credit Rules, 2004, and previous legal precedents. Case-Laws Central Excise Fri, 27 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423538