Cenvat credit available on capital goods/inputs used in manufacture of exempted goods & cleared without payment of duty on Job work basis: HC

CA Urvashi Porwal Brief of the Case In the case of Commissioner of Central Excise Vs. CESTAT, it was held by Madras High Court that the assessee is entitled to Cenvat credit on the capital goods/inputs used in the manufacture of goods which are exempted and which are cleared without payment of duty on Job work basis. Facts of the case During the periods in dispute, the assessee had manufactured machine forgings on job work basis and supplied the same to the principal manufacturers without payment of duty. The assessee were also manufacturing similar goods on their and the same were cleared o...