https://www.taxtmi.com/caselaws?id=205298 Motor vehicle chassis cleared for body building was examined under Rule 4(5)(a) of the Cenvat Credit Rules, 2002, where the Tribunal held that the chassis could not be treated as an input in the strict sense. In the factual setting, however, it was accepted as semi-finished goods linked to manufacture of the body built vehicle, especially since other inputs and components were also moved under the same rule without objection. The Tribunal noted that duty on the final body built vehicle was higher on the prevailing valuation basis than the duty otherwise payable on chassis clearance, and found the demand and penalties unsustainable. The departmental appeals therefore failed. en-us Fri, 08 Jul 2011 00:00:00 +0530 Fri, 24 Aug 2012 12:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205298 Motor vehicle chassis cleared for body building was examined under Rule 4(5)(a) of the Cenvat Credit Rules, 2002, where the Tribunal held that the chassis could not be treated as an input in the strict sense. In the factual setting, however, it was accepted as semi-finished goods linked to manufacture of the body built vehicle, especially since other inputs and components were also moved under the same rule without objection. The Tribunal noted that duty on the final body built vehicle was higher on the prevailing valuation basis than the duty otherwise payable on chassis clearance, and found the demand and penalties unsustainable. The departmental appeals therefore failed. Case-Laws Central Excise Fri, 08 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205298