We had wrongly taken Depreciation Benefits instead of Cenvat credit on Capital Goods.We wish the Reverse the Depreciation taken for last 4 years and claim Cenvat Credit.. Can the Department oppose such a move as per the Cenvat Credit Rules?
Can any one provide the details of the Judgement in: Ramaswamy Naidu Textiles Ltd VsCCE,Chennai,(HC) STO 2003,Mad 95
Will be very obliged for the help.
