2015 (10) TMI 1943

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..... hat respondent has produced documentary evidence to avail Cenvat credit. Therefore, Notification 35/2003 is not applicable to the facts of this case as same is applicable where the assessee is taking credit without any documents. Therefore, the said Notification suggests the formula how the amount of Cenvat credit is to be calculated. As in this case, the respondent has taken the Cenvat credit on .....

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..... ocessed fabric became excisable, therefore, the Rule 9A of the CENVAT Credit Rules, 2002 was inserted for providing how the Cenvat credit on inputs, work in process and stock lying is available to the manufacturers. The respondent took the credit as provisions of Rule 9A(1) of the CENVAT Credit Rules, 2002 as documentary evidence. Revenue is of the view that the respondent are not entitled to take .....

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..... produced documentary evidence to avail Cenvat credit. Therefore, Notification 35/2003 is not applicable to the facts of this case as same is applicable where the assessee is taking credit without any documents. Therefore, the said Notification suggests the formula how the amount of Cenvat credit is to be calculated. As in this case, the respondent has taken the Cenvat credit on the basis of docum .....

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