https://www.taxtmi.com/caselaws?id=118915 Cenvat credit is available for duty paid on inputs used to manufacture capital goods that are subsequently used within the factory to produce final goods. Rule 57D(2), followed by explanatory amendments under the Cenvat framework, treated such inputs as eligible even where the capital goods were not independently chargeable to duty. Denial of credit on the basis that no parallel enabling provision existed under the newer regime was therefore unsustainable. Revenue neutrality further supported credit availability because any duty on the capital goods could be offset through corresponding credit. en-us Fri, 11 Nov 2005 00:00:00 +0530 Fri, 06 Jul 2012 16:53:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118915 Cenvat credit is available for duty paid on inputs used to manufacture capital goods that are subsequently used within the factory to produce final goods. Rule 57D(2), followed by explanatory amendments under the Cenvat framework, treated such inputs as eligible even where the capital goods were not independently chargeable to duty. Denial of credit on the basis that no parallel enabling provision existed under the newer regime was therefore unsustainable. Revenue neutrality further supported credit availability because any duty on the capital goods could be offset through corresponding credit. Case-Laws Central Excise Fri, 11 Nov 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118915