https://www.taxtmi.com/caselaws?id=154826 HR sheets and steel used to manufacture storage tanks and machinery parts were treated as eligible inputs for Cenvat credit because the storage tanks were admitted capital goods used in the sugar factory, and the Explanation to Rule 2 of the Cenvat Credit Rules, 2002 covers goods used in the manufacture of capital goods further used in the factory. The materials therefore qualified as inputs in the manufacture chain, supported by earlier tribunal and Supreme Court authority. Credit was admissible and the demand could not be sustained. en-us Fri, 08 Jan 2010 00:00:00 +0530 Tue, 27 Aug 2013 16:09:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154826 HR sheets and steel used to manufacture storage tanks and machinery parts were treated as eligible inputs for Cenvat credit because the storage tanks were admitted capital goods used in the sugar factory, and the Explanation to Rule 2 of the Cenvat Credit Rules, 2002 covers goods used in the manufacture of capital goods further used in the factory. The materials therefore qualified as inputs in the manufacture chain, supported by earlier tribunal and Supreme Court authority. Credit was admissible and the demand could not be sustained. Case-Laws Central Excise Fri, 08 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154826