2023 (9) TMI 807 - SCH - Central Excise

Capital goods or not - CENVAT Credit - HELD THAT - Although, the merits of the said question are engaging the intention of this Court in other pending matters, it is noticed that the impugned order merely held that the extended period of limitation could not have been invoked by the revenue, regard being had to the fact that conflicting views of the Tribunal expressed in different Benches was prevailing at that time. In these circumstances, this Court is of the opinion that no substantial question of law is involved. Petition dismissed.

Summary

The Supreme Court of India dismissed the petition regarding the definition of "capital goods" under the Cenvat Credit Rules, 2004. The impugned order stated that the extended period of limitation could not be invoked by the revenue due to conflicting views of the Tribunal. No substantial question of law was found.