https://www.taxtmi.com/caselaws?id=123890 Credit on welding electrodes was held inadmissible because binding larger bench decisions excluded them from Cenvat credit. Credit on SE copper wire and copper wire was allowed on the facts, with the relevant declaration treated as sufficient for the credit scheme and the items accepted as inputs. Credit on Read Lead, Chem Floc, Mafloc and Chem Mash was also allowed because they were found to be used in the manufacturing process and to be necessary for sugar manufacture under Rule 2(k) of the Cenvat Credit Rules, 2004. As the credit dispute succeeded on the remaining items, the penalty was set aside. en-us Thu, 31 Jan 2008 00:00:00 +0530 Fri, 18 Oct 2019 14:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123890 Credit on welding electrodes was held inadmissible because binding larger bench decisions excluded them from Cenvat credit. Credit on SE copper wire and copper wire was allowed on the facts, with the relevant declaration treated as sufficient for the credit scheme and the items accepted as inputs. Credit on Read Lead, Chem Floc, Mafloc and Chem Mash was also allowed because they were found to be used in the manufacturing process and to be necessary for sugar manufacture under Rule 2(k) of the Cenvat Credit Rules, 2004. As the credit dispute succeeded on the remaining items, the penalty was set aside. Case-Laws Central Excise Thu, 31 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123890