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2018 (10) TMI 11 - AT - Central ExciseTransitional Credit - benefit of N/N. 30/2004 dated 09.07.2004 - Revenue was of the view that consequent upon opting for the exemption notification, the respondent will be liable to follow the transitional provision outlined in Rule 11(3)(ii) of the Cenvat Credit Rules, 2004 - whether the respondent will be covered by the provisions of Rule 11(3)(i) or 11(3)(ii)? Held that:- The identical issue has been considered in detail in the case laws relied by the respondent. In the case of Jansons Textile Processors [2018 (7) TMI 850 - CESTAT CHENNAI], the Chennai Bench of the Tribunal has taken the view that in case of conditional exemption such as exemption under Notification No. 30/2004, the assessee will be covered only by Rule 11(3)(i). Appeal dismissed - decided against Revenue.
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