2008 (5) TMI 104

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....Respondent. [Order] - The appellants herein, who are manufacturers of excisable goods, viz. M.S. ingots, falling under Chapter 72 of the First Schedule to the CETA 1985. were availing cenvat credit facility on inputs and capital goods. During the years 2000-2001 and 2001-2002, they procured cast iron moulds and availed 50% Cenvat credit of the actual duty paid and the balance 50% Cenvat credit wa....

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.... that full Cenvat credit of duty paid on moulds and dies shall now be available to the manufacturer in the first year of acquisition itself, and the credit on moulds and dies received in the factory already before this amendment (amendment to the relevant rule in September 2003) may be allowed as per the provisions existing earlier. The subsequent Circular No. 755/71 /2003-CX dated 13-10-2003 reli....