2008 (8) TMI 184

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..... er authorities, is that major portion of the credit availed was from the capital goods credit and not the input service credit – 20% restriction is only in respect of the input service credit – matter remanded to original authority for de novo decision - ST/65/2007 - 1023/2008 - Dated:- 22-8-2008 - Dr. S.L. Peeran, Member (J) and Shri T.K. Jayaraman, Member (T) Shri S. Raghu, Advocate, fo .....

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..... authorities. He pointed out to the statement, which was given in reply. It is seen that the input service credit availed was only to an extent of Rs. 3,73,166/-. The appellant availed cenvat credit on capital goods to the tune of Rs. 1.22 crores. Therefore, it is very clear that major portion of the credit availed was from the capital goods credit and not the input service credit. It should be bo .....

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