https://www.taxtmi.com/caselaws?id=202392 Electric bulbs falling under Chapter 85 of the Central Excise Tariff Act, 1985, and rubber strips used as accessories to electrical wiring were treated as eligible capital goods or as components, spares or accessories under Rule 2(b) of the CENVAT Credit Rules, 2001. Chapter 94 applied only to lamps and fittings not otherwise covered elsewhere, so the disputed items remained within Chapter 85. On that basis, the assessee was entitled to CENVAT credit, and the credit demand and penalty were unsustainable. The Revenue's challenge was rejected because the tariff entries and the credit rule were correctly applied to the goods in question. en-us Fri, 13 Aug 2010 00:00:00 +0530 Tue, 01 Feb 2011 14:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202392 Electric bulbs falling under Chapter 85 of the Central Excise Tariff Act, 1985, and rubber strips used as accessories to electrical wiring were treated as eligible capital goods or as components, spares or accessories under Rule 2(b) of the CENVAT Credit Rules, 2001. Chapter 94 applied only to lamps and fittings not otherwise covered elsewhere, so the disputed items remained within Chapter 85. On that basis, the assessee was entitled to CENVAT credit, and the credit demand and penalty were unsustainable. The Revenue's challenge was rejected because the tariff entries and the credit rule were correctly applied to the goods in question. Case-Laws Central Excise Fri, 13 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202392