2012 (9) TMI 820

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... dit Rules not prescribed any period in which credit has to be taken. Although it is mentioned in the Cenvat Credit Rules that assessee can take the credit immediately, but there is no prescribed time limit. - in favour of assessee. - ST/S/303/12 & ST/394/12 - 886/2012 - Dated:- 13-8-2012 - MR. ASHOK JINDAL, J. Appellant Rep. by: Shri Punit Prajapati, C.A., Respondent Rep. by: Shri K .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d in which credit has to be taken. Although it is mentioned in the Cenvat Credit Rules that assessee can take the credit immediately, but there is no prescribed time limit neither in the Cenvat Credit Rules nor in the Central Excise Act, therefore, after waiving of the requirement of pre-deposit, I have taken up appeal itself for final disposal. 5. The observation made by both the lower authorit .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X