2014 (11) TMI 957 - HC - Central Excise

Constructions services provided by the appellant to the SEZ units - CENVAT Credit - Held that - though these appeals have been listed for admission along with office objections, these appeals may be dismissed as not pressed in view of the subsequent development, particularly, in the light of the amendment of Rule 6 of CENVAT Credit Rules, 2004 and Validation Provisions in terms of the Finance Act, 2012 having put an end to the controversy, which had arisen between the revenue and the assessee in the context of Rule 6 of CENVAT Credit Rules, 2004 - Decided against Revenue.

Summary

The Karnataka High Court dismissed appeals related to CENVAT Credit Rules, 2004 as not pressed due to subsequent developments and amendments in the rules. The controversy between the revenue and the assessee was resolved by the Finance Act, 2012.