https://www.taxtmi.com/caselaws?id=220508 Tool kits and first aid kits supplied with two-wheelers were treated as inputs for Cenvat credit because they were cleared along with the vehicle, their cost formed part of the sale price, and they functioned as mandatory accessories required for lawful use of the vehicle. Rule 2(k)(i) of the Cenvat Credit Rules, 2004 was applied to include accessories of the final product cleared with it, and the demand, interest, and penalty were held not sustainable. The principle stated is that goods supplied with the final product as legally required accessories, and used in relation to its manufacture and clearance, fall within the definition of input for credit purposes. en-us Mon, 16 Jul 2012 00:00:00 +0530 Tue, 29 Jan 2013 06:21:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220508 Tool kits and first aid kits supplied with two-wheelers were treated as inputs for Cenvat credit because they were cleared along with the vehicle, their cost formed part of the sale price, and they functioned as mandatory accessories required for lawful use of the vehicle. Rule 2(k)(i) of the Cenvat Credit Rules, 2004 was applied to include accessories of the final product cleared with it, and the demand, interest, and penalty were held not sustainable. The principle stated is that goods supplied with the final product as legally required accessories, and used in relation to its manufacture and clearance, fall within the definition of input for credit purposes. Case-Laws Central Excise Mon, 16 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220508