https://www.taxtmi.com/caselaws?id=32582 Cenvat credit on capital goods was treated as admissible where the machinery was first used on a trial basis to produce exempt granules and was later deployed for manufacture linked to dutiable goods. The lower appellate authority and the Tribunal accepted that factual distinction and distinguished the contrary precedent on that basis. The Gujarat HC held that the Revenue did not raise any substantial question of law against that approach, and the credit rules did not impose the absolute bar urged by the Revenue. The Tribunal's order was therefore sustained in favour of the assessee. en-us Tue, 09 Sep 2008 00:00:00 +0530 Sat, 14 Mar 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32582 Cenvat credit on capital goods was treated as admissible where the machinery was first used on a trial basis to produce exempt granules and was later deployed for manufacture linked to dutiable goods. The lower appellate authority and the Tribunal accepted that factual distinction and distinguished the contrary precedent on that basis. The Gujarat HC held that the Revenue did not raise any substantial question of law against that approach, and the credit rules did not impose the absolute bar urged by the Revenue. The Tribunal's order was therefore sustained in favour of the assessee. Case-Laws Central Excise Tue, 09 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32582