https://www.taxtmi.com/caselaws?id=123094 The denial of Cenvat credit on Welding Electrodes was upheld based on precedents. However, the denial of credit on Packing Material was deemed unsustainable as it served as mechanical seals. The denial of credit on Shafts was also found unsustainable since they were used as parts of a mill. Plates and Shapers were considered raw materials for capital goods, making the denial of credit unsustainable. The penalty for the denial of credit on welding electrodes was set aside as the issue had been settled previously. The appeal was disposed of with clear reasons for each decision provided. en-us Mon, 19 Nov 2007 00:00:00 +0530 Thu, 06 Sep 2012 13:08:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123094 The denial of Cenvat credit on Welding Electrodes was upheld based on precedents. However, the denial of credit on Packing Material was deemed unsustainable as it served as mechanical seals. The denial of credit on Shafts was also found unsustainable since they were used as parts of a mill. Plates and Shapers were considered raw materials for capital goods, making the denial of credit unsustainable. The penalty for the denial of credit on welding electrodes was set aside as the issue had been settled previously. The appeal was disposed of with clear reasons for each decision provided. Case-Laws Central Excise Mon, 19 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123094