https://www.taxtmi.com/caselaws?id=466934 Rule clarifies that Cenvat credit on capital goods is available where those goods are used to produce an intermediate (coke) that is captively consumed in the manufacture of dutiable final products; the statutory test is exclusive use for exempted goods, and where exclusive use for exempt manufacture is not established the restriction does not apply, resulting in entitlement to credit. The document states that denial under the exclusive-use provision is inapplicable on these facts and the credit must be allowed. en-us Thu, 21 Nov 2024 00:00:00 +0530 Fri, 27 Feb 2026 08:35:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466934 Rule clarifies that Cenvat credit on capital goods is available where those goods are used to produce an intermediate (coke) that is captively consumed in the manufacture of dutiable final products; the statutory test is exclusive use for exempted goods, and where exclusive use for exempt manufacture is not established the restriction does not apply, resulting in entitlement to credit. The document states that denial under the exclusive-use provision is inapplicable on these facts and the credit must be allowed. Case-Laws Central Excise Thu, 21 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466934