TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>CESTAT Mumbai: Machine parts for essential goods are capital goods, credit cannot be denied without installation certificate.</h1> <h3>SERENE INDUSTRIES LTD. Versus COMMISSIONER OF CENTRAL EXCISE, PUNE-II</h3> SERENE INDUSTRIES LTD. Versus COMMISSIONER OF CENTRAL EXCISE, PUNE-II - 2003 (178) E.L.T. 348 (Tri. - Mumbai) The judgment by Appellate Tribunal CESTAT, Mumbai considered whether certain articles used in manufacturing but not directly resulting in a product are capital goods. Referring to a Supreme Court judgment, it was concluded that essential goods for making the final product are considered capital goods. The Tribunal also ruled that credit cannot be denied for parts of a machine even without an installation certificate. The appeals of the assessees were allowed, while the appeals of the Commissioner were dismissed.
TaxTMI 