Strict compliance of law to claim Input tax credit / Cenvat Credit / Exemption
The benefit of ITC / CCR / exemption is available only assesee satisfies the eligibility criteria and for that purpose the provision must be strictly construed. If exemption is available on complying with certain conditions, the conditions have to be mandatorily complied with. In (2011) [Commissioner of Central Excise v. Hari Chand Gopal], the Hon’ble Supreme Court held as under:-