https://www.taxtmi.com/caselaws?id=448270 Cenvat credit on inputs and input services could not be denied merely because an exemption notification was available but not availed, where the final medicaments were actually cleared on payment of duty. The exemption notifications were conditional, and the record showed duty-paid clearances during the relevant period, so the goods were treated as taxable clearances and the credit chain could not be disturbed on the assumption of exemption. The denial of credit was therefore unsustainable, the impugned order was set aside, and the appeals were allowed with consequential relief. en-us Thu, 21 Dec 2023 00:00:00 +0530 Tue, 16 Jan 2024 08:32:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448270 Cenvat credit on inputs and input services could not be denied merely because an exemption notification was available but not availed, where the final medicaments were actually cleared on payment of duty. The exemption notifications were conditional, and the record showed duty-paid clearances during the relevant period, so the goods were treated as taxable clearances and the credit chain could not be disturbed on the assumption of exemption. The denial of credit was therefore unsustainable, the impugned order was set aside, and the appeals were allowed with consequential relief. Case-Laws Central Excise Thu, 21 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448270