CENVAT Credit Allowed for Capital Goods When Production Becomes Dutiable, Clarifies Rule 6(4) of Cenvat Credit Rules 2004.

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....Recovery of CENVAT Credit - capital goods - availability of credit when the production started become dutiable - even if the goods per se were exempted during the receipt and installation of the capital goods but if the said capital goods were not put to use for manufacture of any exempted goods it cannot be said that the said capital goods were used exclusively for manufacture of exempted goods in terms of Rule 6(4) of Cenvat Credit Rules, 2004. - AT....