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    <title>2008 (11) TMI 449 - CESTAT, NEW DELHI</title>
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    <description>The Tribunal partially allowed the appeal by granting credit on HDPE pipes and Ingot White Metal, overturning the penalty imposed. However, the claims for Ventral Diesel Hydro Loco and Battery Lead Acid were rejected as they did not qualify for Cenvat credit as capital goods. The decision emphasized compliance with legal provisions and precedents, setting aside the penalty and allowing credit on specific items while disallowing it on others.</description>
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      <link>https://www.taxtmi.com/caselaws?id=124477</link>
      <description>The Tribunal partially allowed the appeal by granting credit on HDPE pipes and Ingot White Metal, overturning the penalty imposed. However, the claims for Ventral Diesel Hydro Loco and Battery Lead Acid were rejected as they did not qualify for Cenvat credit as capital goods. The decision emphasized compliance with legal provisions and precedents, setting aside the penalty and allowing credit on specific items while disallowing it on others.</description>
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