2014 (11) TMI 742 - SCH - Central Excise

Cenvat credit - credits were taken without satisfying the procedure provided under Rule 57R(3) of the Central Excise Rules, 1944 - Supreme Court dimissed appeal filed by assessee against the order of high Court 2009 (1) TMI 520 - PATNA HIGH COURT where it has been held that provision of Rule 57R(3) of the Rules is required to be followed even when the capital goods were acquired by the assessee under a loan agreement from the bank. Supreme Court held that presently no order for early hearing of the Appeal deserves to be passed.

Summary

Judgment: Supreme Court of India, 2014 (11) TMI 742 - SC Order, R.M. Lodha and Kurian Joseph, JJ. The appeal for early hearing was denied. Interlocutory Application No. 5 of 2014 was dismissed.