https://www.taxtmi.com/caselaws?id=445475 The Tribunal remanded the case back for a fresh decision, finding that the adjudicating authority incorrectly relied on outdated legal interpretations regarding the eligibility of goods for CENVAT credit under the CENVAT Credit Rules, 2004. It emphasized that restrictions on inputs used in capital goods should apply only from July 2009. The Tribunal highlighted deficiencies in the original authority's examination of the claim and stressed the necessity for a detailed assessment of the actual usage of the goods in the capital projects by M/s Hindustan Petroleum Corporation Ltd. en-us Mon, 06 Nov 2023 00:00:00 +0530 Thu, 09 Nov 2023 08:48:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445475 The Tribunal remanded the case back for a fresh decision, finding that the adjudicating authority incorrectly relied on outdated legal interpretations regarding the eligibility of goods for CENVAT credit under the CENVAT Credit Rules, 2004. It emphasized that restrictions on inputs used in capital goods should apply only from July 2009. The Tribunal highlighted deficiencies in the original authority's examination of the claim and stressed the necessity for a detailed assessment of the actual usage of the goods in the capital projects by M/s Hindustan Petroleum Corporation Ltd. Case-Laws Central Excise Mon, 06 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445475