https://www.taxtmi.com/caselaws?id=153729 The Appellate Tribunal CESTAT CHENNAI allowed the appeal by M/s. The India Cements Ltd., holding that their mines supplying limestone to cement factories qualified as captive mines under Modvat/Cenvat credit rules. The Tribunal emphasized that since both factories and mines belonged to the same legal entity, the credit on capital goods used in the mines should be available when supplies are made within the same entity. The decision clarified that the appellant was entitled to the credit, setting aside the previous order and allowing the appeal. The judgment underscored the significance of the legal entity in determining the captive status of mines for credit eligibility. en-us Fri, 04 Dec 2009 00:00:00 +0530 Mon, 29 Jul 2013 11:09:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153729 The Appellate Tribunal CESTAT CHENNAI allowed the appeal by M/s. The India Cements Ltd., holding that their mines supplying limestone to cement factories qualified as captive mines under Modvat/Cenvat credit rules. The Tribunal emphasized that since both factories and mines belonged to the same legal entity, the credit on capital goods used in the mines should be available when supplies are made within the same entity. The decision clarified that the appellant was entitled to the credit, setting aside the previous order and allowing the appeal. The judgment underscored the significance of the legal entity in determining the captive status of mines for credit eligibility. Case-Laws Central Excise Fri, 04 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153729