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CESTAT explains exercise of Option under Cenvat Credit Rule 6(3)(i)
Case Law Details
- Case Name
- Tata Steel Ltd. Vs CCEx. & S.Tax (CESTAT Kolkata)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All CESTAT, CESTAT Kolkata
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Tata Steel Ltd. Vs CCEx. & S.Tax (CESTAT Kolkata)
The issue under consideration is whether the appellant, Tata Steel, was entitled to avail option under Rule 6(3)(ii) of the Cenvat Credit Rules?
In the present case, the Range Superintendent, raised a dispute that since the appellant had deposited specified amount equal to 10% of the value of the exempted goods for April, 2008, it had already exercised and availed option in terms of Rule 6(3)(i) of the Cenvat Credit Rules for the current financial year 2008-09 and hence could not withdraw the same and exercise option in terms of Rule 6(3)(i...
