https://www.taxtmi.com/caselaws?id=235242 The Tribunal ruled in favor of the appellant, allowing the availment of cenvat credit on capital goods under Chapter 72. The appellant successfully demonstrated that the MS Plates and HR Sheets were used for manufacturing final products, as supported by a Chartered Engineer's certificate. The Tribunal disagreed with the lower authorities, concluding that Rule 2(k) of the Cenvat Credit Rules, 2004 backed the appellant's position. Consequently, the Tribunal set aside the previous decision, permitting the appellant to retain the cenvat credit on the disputed items. en-us Fri, 05 Apr 2013 00:00:00 +0530 Fri, 16 Aug 2013 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235242 The Tribunal ruled in favor of the appellant, allowing the availment of cenvat credit on capital goods under Chapter 72. The appellant successfully demonstrated that the MS Plates and HR Sheets were used for manufacturing final products, as supported by a Chartered Engineer's certificate. The Tribunal disagreed with the lower authorities, concluding that Rule 2(k) of the Cenvat Credit Rules, 2004 backed the appellant's position. Consequently, the Tribunal set aside the previous decision, permitting the appellant to retain the cenvat credit on the disputed items. Case-Laws Central Excise Fri, 05 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235242