https://www.taxtmi.com/caselaws?id=152256 Credit on capital goods was held admissible where Ziricon Oxygen Probe, Polymer Conductivity Analiser/Censor and Cable Tray were used as components of the plant in the manufacturing process. The Board's Circular dated 2-12-1996 was applied to clarify that components and accessories of specified goods qualify for credit regardless of classification. On that basis, denial of credit on the disputed items was found unsustainable, and credit was allowed in favour of the assessee. en-us Wed, 07 Oct 2009 00:00:00 +0530 Thu, 08 Jun 2017 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152256 Credit on capital goods was held admissible where Ziricon Oxygen Probe, Polymer Conductivity Analiser/Censor and Cable Tray were used as components of the plant in the manufacturing process. The Board's Circular dated 2-12-1996 was applied to clarify that components and accessories of specified goods qualify for credit regardless of classification. On that basis, denial of credit on the disputed items was found unsustainable, and credit was allowed in favour of the assessee. Case-Laws Central Excise Wed, 07 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152256