Case Law Analysis
|Custom, Excise & Service Tax Tribunal
Credit on inputs from units exempt under Notification 01/2010-CE cannot be denied before Rule 12 amendment; extended limitation not available | CENVAT credit eligibility : CESTAT Chandigarh
CESTAT ruled that manufacturers can claim CENVAT credit on duty-paid inputs sourced from units exempt under Notification 01/2010-CE, even for periods before the Rule 12 amendment. The tribunal also rejected the revenue's attempt to invoke an extended limitation period, safeguarding businesses from retroactive credit denial.