provisions of Sub-rule (1C) of Rule 57-AB of Central Excise Rules, 1944, or Rule 3(4) of CENVAT Credit Rules ... rule (1C) of Rule 57AB of Central Excise Rules, 1944, or Rule 3(4) of CENVAT Credit Rules, 2001 or Rules 3(4
overrides Rule 3(4) of the Rules.
In any event, proviso to Rule 3(4) of the CENVAT Credit
Rules is held ... Cenvat Credit under
Rule 3. However, while allowing Cenvat Credit allowable under
Rule 3 of the Cenvat Credit Rules first proviso to sub-rule (4
unit Transfer of Credit
under Rule 10A of
CENVAT Credit Rules,
2004
Total Credit Available 15855736 225871 105635 2080458 41612 20799
Credit utilized ... unit Transfer of Credit
under Rule 10A of
CENVAT Credit Rules,
2004
Total Credit 5363871 114109 58968 0 0 0
Available
Credit utilized
taking credit from the other side, it has to be
specifically read with other Rules of the Cenvat Credit Rules,
2004. Rule 4 ... products. Under sub-rule (4) of Rule 6 of Cenvat Credit Rules,
2004, capital goods Cenvat credit is inadmissible only in respect
of those
Cenvat Credit Rules, 2001, by Cenvat Credit Rules, 2002 and thereafter replacement w.e.f. 10.09.04, of Cenvat Credit Rules, 2002 by Cenvat Credit Rules ... credit availed in respect of such capital goods, in Rule 3(5) of Cenvat Credit Rules, 2004/Rule 3(4) of Cenvat Credit Rules
CENVAT Credit Rules, 2004 are erroneously relied upon. The
conditions for allowing CENVAT credit, as enlisted in Rule 4 of
the CENVAT Credit Rules ... CENVAT
Credit Rules, 2004. The Rule 4(7) deals with fresh credits and
not transitional credits. Further, in the CENVAT Credit Rules and
later
CENVAT Credit Scheme" and the Scheme
is presently governed by the CENVAT Credit Rules, 2004. Rule
3 of the CENVAT Credit Rules ... CENVAT Credit under Rule 3. However, while allowing CENVAT
Credit allowable under Rule 3 of the CENVAT Credit Rules first
proviso to Sub Rule (4
CENVAT Credit Rules, 2004 are erroneously relied upon. The
conditions for allowing CENVAT credit, as enlisted in Rule 4 of
the CENVAT Credit Rules ... CENVAT
Credit Rules, 2004. The Rule 4(7) deals with fresh credits and
not transitional credits. Further, in the CENVAT Credit Rules and
later
CENVAT Credit Rules, 2004 are erroneously relied upon. The
conditions for allowing CENVAT credit, as enlisted in Rule 4 of
the CENVAT Credit Rules ... CENVAT
Credit Rules, 2004. The Rule 4(7) deals with fresh credits and
not transitional credits. Further, in the CENVAT Credit Rules and
later
CENVAT Credit Rules, 2004 are erroneously relied upon. The
conditions for allowing CENVAT credit, as enlisted in Rule 4 of
the CENVAT Credit Rules ... CENVAT
Credit Rules, 2004. The Rule 4(7) deals with fresh credits and
not transitional credits. Further, in the CENVAT Credit Rules and
later
