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2019 (7) TMI 1583 - HC - Central ExciseInterpretation of Statute - Rule 11(1) of the Cenvat Credit Rules, 2004 - lapse of CENVAT Credit - HELD THAT:- The goods are conditionally exempt, as is evident from S.No.10 of the notification no.30/2004. As the goods are not absolutely exempt and the exemption is granted only on fulfillment of certain conditions, clearly Rule 11(3) (i) of the Rules of 2004 would apply - In the present case as well, the exemption is not absolute but conditional upon fulfillment of certain stipulations. The assessee was entitled to the benefit of Rule 11(3)(i) of the Rules of 2004. The Court is, therefore, of the opinion that no substantial question of law arises in this appeal - Appeal dismissed.
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