https://www.taxtmi.com/caselaws?id=236096 Iron and steel items such as angles, channels, joists, bars, plates, sheets and coils used for foundation work and structural support do not qualify as capital goods merely because they are used in construction or support structures. The applicable definition requires the goods to be machinery, or components or parts of plant and machinery, and structural steel used for laying foundations or supporting structures falls outside that scope. Following the Larger Bench view on structural steel items, Cenvat credit was held inadmissible on the disputed materials and the Revenue's appeal succeeded. en-us Thu, 23 May 2013 00:00:00 +0530 Wed, 14 Aug 2013 08:16:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236096 Iron and steel items such as angles, channels, joists, bars, plates, sheets and coils used for foundation work and structural support do not qualify as capital goods merely because they are used in construction or support structures. The applicable definition requires the goods to be machinery, or components or parts of plant and machinery, and structural steel used for laying foundations or supporting structures falls outside that scope. Following the Larger Bench view on structural steel items, Cenvat credit was held inadmissible on the disputed materials and the Revenue's appeal succeeded. Case-Laws Central Excise Thu, 23 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236096