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Central Excise - Highlights / Catch Notes

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Validity of changes brought in Rule 6(3) (i) of Cenvat Credit ...

Central Excise

April 29, 2020

Validity of changes brought in Rule 6(3) (i) of Cenvat Credit Rules, 2004 - the Tribunal erred in not appreciating the significant change brought in Rule 6(3) of Cenvat Credit Rules, 2004, w.e.f. 1.3.2008 which as noticed in the OIO with reference to sale of goods, was deleted and in its place the emphasis was shifted to the payment of an amount equal to 10% of the 'value' of exempted goods - HC

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