https://www.taxtmi.com/caselaws?id=205529 The Appellate Tribunal CESTAT, Ahmedabad ruled in favor of the assessee on two key issues. Firstly, it upheld the eligibility of the assessee to avail credit on service tax paid for outward transportation of final products based on a precedent set by the Larger Bench decision. Secondly, it affirmed the classification of Ceramic Beads as capital goods for availing MODVAT credit, as they played a crucial role in the manufacturing process. The tribunal rejected the Revenue's appeal on the service tax issue and upheld the respondent's right to avail MODVAT credit on Ceramic Beads. en-us Fri, 31 Jul 2009 00:00:00 +0530 Fri, 26 Jul 2013 16:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205529 The Appellate Tribunal CESTAT, Ahmedabad ruled in favor of the assessee on two key issues. Firstly, it upheld the eligibility of the assessee to avail credit on service tax paid for outward transportation of final products based on a precedent set by the Larger Bench decision. Secondly, it affirmed the classification of Ceramic Beads as capital goods for availing MODVAT credit, as they played a crucial role in the manufacturing process. The tribunal rejected the Revenue's appeal on the service tax issue and upheld the respondent's right to avail MODVAT credit on Ceramic Beads. Case-Laws Service Tax Fri, 31 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205529