https://www.taxtmi.com/caselaws?id=119618 The Tribunal partially allowed the appeal regarding the denial of Modvat Credit. It ruled that credit on Light Diesel Oil/Furnace Oil used by a power plant, serving as a job worker, is admissible. Credit on steel products, claimed as capital goods, was remanded for reevaluation. Credit on Galvanized Structure was allowed, considering it essential for power transmission to the factory. The Tribunal's decision was grounded in legal precedents and a detailed analysis of the specific circumstances, ensuring a fair assessment of the appellants' claims. en-us Fri, 21 Apr 2006 00:00:00 +0530 Tue, 27 Feb 2024 20:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119618 The Tribunal partially allowed the appeal regarding the denial of Modvat Credit. It ruled that credit on Light Diesel Oil/Furnace Oil used by a power plant, serving as a job worker, is admissible. Credit on steel products, claimed as capital goods, was remanded for reevaluation. Credit on Galvanized Structure was allowed, considering it essential for power transmission to the factory. The Tribunal's decision was grounded in legal precedents and a detailed analysis of the specific circumstances, ensuring a fair assessment of the appellants' claims. Case-Laws Central Excise Fri, 21 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119618