https://www.taxtmi.com/caselaws?id=152024 The Appellate Tribunal CESTAT NEW DELHI considered a case where the Asstt. Commissioner disallowed capital goods Cenvat credit for welding electrodes used in machinery repair, leading to a Cenvat credit demand and penalty imposition. The Commissioner (Appeals) upheld the Cenvat credit demand but set aside the penalty due to conflicting decisions on the admissibility of Cenvat credit for welding electrodes. The Tribunal upheld the High Court's judgment deeming welding electrodes eligible for Cenvat credit as capital goods, dismissing the Revenue's appeal and disposing of the Cross Objection filed by the respondent. en-us Tue, 22 Sep 2009 00:00:00 +0530 Fri, 21 Jun 2013 17:34:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152024 The Appellate Tribunal CESTAT NEW DELHI considered a case where the Asstt. Commissioner disallowed capital goods Cenvat credit for welding electrodes used in machinery repair, leading to a Cenvat credit demand and penalty imposition. The Commissioner (Appeals) upheld the Cenvat credit demand but set aside the penalty due to conflicting decisions on the admissibility of Cenvat credit for welding electrodes. The Tribunal upheld the High Court's judgment deeming welding electrodes eligible for Cenvat credit as capital goods, dismissing the Revenue's appeal and disposing of the Cross Objection filed by the respondent. Case-Laws Central Excise Tue, 22 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152024