https://www.taxtmi.com/caselaws?id=215634 The Appellate Tribunal CESTAT, New Delhi, ruled in favor of the Respondents in a case concerning the availment of Cenvat credit on input goods for manufacturing M.S. Ingots. The Tribunal held that the items in question, such as M.S. Angles and M.S. Channel, beams, plates, were used in the fabrication of capital goods like EOT cranes, which were integral to the manufacturing process. The Tribunal noted ambiguity in precedents regarding the eligibility of inputs used in manufacturing machinery like cranes. Additionally, the Tribunal found the Show Cause Notice issued in 2008 for disallowing credit taken in 2004 to be time-barred, leading to the rejection of the Revenue's appeal and disposal of the Respondent's cross-objections in line with the impugned order. en-us Tue, 10 Jan 2012 00:00:00 +0530 Tue, 24 Jul 2012 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215634 The Appellate Tribunal CESTAT, New Delhi, ruled in favor of the Respondents in a case concerning the availment of Cenvat credit on input goods for manufacturing M.S. Ingots. The Tribunal held that the items in question, such as M.S. Angles and M.S. Channel, beams, plates, were used in the fabrication of capital goods like EOT cranes, which were integral to the manufacturing process. The Tribunal noted ambiguity in precedents regarding the eligibility of inputs used in manufacturing machinery like cranes. Additionally, the Tribunal found the Show Cause Notice issued in 2008 for disallowing credit taken in 2004 to be time-barred, leading to the rejection of the Revenue's appeal and disposal of the Respondent's cross-objections in line with the impugned order. Case-Laws Central Excise Tue, 10 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215634