https://www.taxtmi.com/caselaws?id=30913 Balance 50% Cenvat credit on cast iron moulds was held inadmissible where the claim related to periods before the September 2003 amendment to Rule 4. The later circulars and amended rule, which allowed full credit in the first year of acquisition or balance credit in later years for moulds and dies no longer available, were not applicable to a pre-amendment period. As the relevant conditions were not satisfied at the time the credit was claimed, the disallowance of credit was sustained and the appeals failed. en-us Fri, 16 May 2008 00:00:00 +0530 Mon, 06 Oct 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30913 Balance 50% Cenvat credit on cast iron moulds was held inadmissible where the claim related to periods before the September 2003 amendment to Rule 4. The later circulars and amended rule, which allowed full credit in the first year of acquisition or balance credit in later years for moulds and dies no longer available, were not applicable to a pre-amendment period. As the relevant conditions were not satisfied at the time the credit was claimed, the disallowance of credit was sustained and the appeals failed. Case-Laws Central Excise Fri, 16 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30913