https://www.taxtmi.com/caselaws?id=155400 The Tribunal upheld the denial of credit for shapes and sections used to fabricate moulds, ruling that they do not qualify as capital goods under the Cenvat Credit Rules 2004. The demand for duty was upheld, but the penalty imposed under Rule 15 of the Cenvat Credit Rules was significantly reduced due to the circumstances of the case. en-us Thu, 01 Jul 2010 00:00:00 +0530 Wed, 10 May 2017 07:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155400 The Tribunal upheld the denial of credit for shapes and sections used to fabricate moulds, ruling that they do not qualify as capital goods under the Cenvat Credit Rules 2004. The demand for duty was upheld, but the penalty imposed under Rule 15 of the Cenvat Credit Rules was significantly reduced due to the circumstances of the case. Case-Laws Central Excise Thu, 01 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155400