https://www.taxtmi.com/caselaws?id=760078 CESTAT Ahmedabad allowed the appeal regarding CENVAT credit on capital goods. The department contended that since appellant's goods were exempted under N/N. 30/2004-CE at the time of capital goods receipt, they were ineligible for CENVAT credit under Rule 6(4) of CENVAT Credit Rules. The Tribunal held that the issue was squarely covered by its previous decision in the appellant's own case, where it was established that even though initially nil rate duty exemption under notification 30/2004-CE was availed and subsequently notification 29/2004-CE was availed with duty payment, CENVAT credit on capital goods remained admissible. The impugned order was set aside. en-us Thu, 26 Sep 2024 00:00:00 +0530 Tue, 15 Oct 2024 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760078 CESTAT Ahmedabad allowed the appeal regarding CENVAT credit on capital goods. The department contended that since appellant's goods were exempted under N/N. 30/2004-CE at the time of capital goods receipt, they were ineligible for CENVAT credit under Rule 6(4) of CENVAT Credit Rules. The Tribunal held that the issue was squarely covered by its previous decision in the appellant's own case, where it was established that even though initially nil rate duty exemption under notification 30/2004-CE was availed and subsequently notification 29/2004-CE was availed with duty payment, CENVAT credit on capital goods remained admissible. The impugned order was set aside. Case-Laws Central Excise Thu, 26 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760078