https://www.taxtmi.com/caselaws?id=766803 A procedural restriction on availing CENVAT credit introduced by amendment applies prospectively from its effective date and cannot be used to deny credit on invoices issued before that date. On that basis, the time-bar-related disallowance of credit was held unsustainable and set aside. The remaining dispute over construction-related input services was not pressed in full, but the penalty was separately examined and set aside because the credit issue arose from a bona fide interpretation of the rule. The balance credit disallowance was maintained. en-us Tue, 11 Feb 2025 00:00:00 +0530 Wed, 05 Mar 2025 07:49:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766803 A procedural restriction on availing CENVAT credit introduced by amendment applies prospectively from its effective date and cannot be used to deny credit on invoices issued before that date. On that basis, the time-bar-related disallowance of credit was held unsustainable and set aside. The remaining dispute over construction-related input services was not pressed in full, but the penalty was separately examined and set aside because the credit issue arose from a bona fide interpretation of the rule. The balance credit disallowance was maintained. Case-Laws Central Excise Tue, 11 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766803