https://www.taxtmi.com/caselaws?id=209801 Cenvat credit was treated as available on cement and M.S. bars used to construct a storage tank used in the factory for manufacturing purposes. Rule 2(a) of the Cenvat Credit Rules, 2002 specifically includes a storage tank within the definition of capital goods, and goods used to manufacture such capital goods are regarded as inputs for credit purposes. On the stated facts, the materials used for the tank retained credit eligibility, and the objection based on masonry work did not defeat the claim. The stated conclusion was that denial of credit was unsustainable and the assessee was entitled to consequential relief according to law. en-us Thu, 28 Apr 2011 00:00:00 +0530 Sat, 10 Aug 2013 13:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209801 Cenvat credit was treated as available on cement and M.S. bars used to construct a storage tank used in the factory for manufacturing purposes. Rule 2(a) of the Cenvat Credit Rules, 2002 specifically includes a storage tank within the definition of capital goods, and goods used to manufacture such capital goods are regarded as inputs for credit purposes. On the stated facts, the materials used for the tank retained credit eligibility, and the objection based on masonry work did not defeat the claim. The stated conclusion was that denial of credit was unsustainable and the assessee was entitled to consequential relief according to law. Case-Laws Central Excise Thu, 28 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209801