https://www.taxtmi.com/caselaws?id=33097 The Tribunal ruled in favor of the appellant, finding merit in their arguments regarding the interpretation of credit restrictions under Rule 6(3) of the Cenvat Credit Rules. The Tribunal held that the restrictions on credit utilization under Rule 6(3) apply only to credits accruing on input and input services, not on capital goods. Additionally, the Tribunal agreed with the appellant's contention that the restrictions under Rule 6(3) do not extend to credits under Rule 6(4) and 6(5). As a result, the Tribunal granted a prima facie case for the waiver of dues and ordered a stay on the recovery of dues until the final disposal of the appeals. en-us Mon, 21 Jul 2008 00:00:00 +0530 Tue, 21 Apr 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33097 The Tribunal ruled in favor of the appellant, finding merit in their arguments regarding the interpretation of credit restrictions under Rule 6(3) of the Cenvat Credit Rules. The Tribunal held that the restrictions on credit utilization under Rule 6(3) apply only to credits accruing on input and input services, not on capital goods. Additionally, the Tribunal agreed with the appellant's contention that the restrictions under Rule 6(3) do not extend to credits under Rule 6(4) and 6(5). As a result, the Tribunal granted a prima facie case for the waiver of dues and ordered a stay on the recovery of dues until the final disposal of the appeals. Case-Laws Central Excise Mon, 21 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33097