https://www.taxtmi.com/caselaws?id=114539 Under the amended Rule 57AA, Cenvat credit on components, spares and accessories of a wagon-loading machine was admissible because the relevant test was the prescribed classification of the goods and their use in the factory. The machine was used in the factory, its parts formed components, spares and accessories of that machine, and the goods satisfied the applicable classification. An earlier denial of credit based on a pre-amendment decision was inapplicable because it arose under a materially different legal regime. Credit was therefore allowed and the assessee's claim succeeded. en-us Tue, 12 Oct 2004 00:00:00 +0530 Wed, 16 May 2012 15:04:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114539 Under the amended Rule 57AA, Cenvat credit on components, spares and accessories of a wagon-loading machine was admissible because the relevant test was the prescribed classification of the goods and their use in the factory. The machine was used in the factory, its parts formed components, spares and accessories of that machine, and the goods satisfied the applicable classification. An earlier denial of credit based on a pre-amendment decision was inapplicable because it arose under a materially different legal regime. Credit was therefore allowed and the assessee's claim succeeded. Case-Laws Central Excise Tue, 12 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114539