https://www.taxtmi.com/caselaws?id=210369 The Tribunal ruled in favor of the respondents in an appeal filed by the Revenue regarding the denial of credit for welding electrodes used in plant and machinery repair. Citing previous High Court decisions, the Tribunal held that duty paid on welding electrodes for maintenance activities is eligible for Cenvat credit. Emphasizing the binding nature of High Court judgments over Tribunal decisions, the impugned order was set aside, and the cross objections by the respondents were allowed. As a result, the Revenue's appeal was rejected, resolving both the appeal and cross objection in favor of the assessee. en-us Mon, 31 Oct 2011 00:00:00 +0530 Thu, 09 Feb 2012 08:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210369 The Tribunal ruled in favor of the respondents in an appeal filed by the Revenue regarding the denial of credit for welding electrodes used in plant and machinery repair. Citing previous High Court decisions, the Tribunal held that duty paid on welding electrodes for maintenance activities is eligible for Cenvat credit. Emphasizing the binding nature of High Court judgments over Tribunal decisions, the impugned order was set aside, and the cross objections by the respondents were allowed. As a result, the Revenue's appeal was rejected, resolving both the appeal and cross objection in favor of the assessee. Case-Laws Central Excise Mon, 31 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210369