https://www.taxtmi.com/caselaws?id=236984 The Tribunal held that items used in the repair and maintenance of plant and machinery are eligible for Cenvat credit under Rule 2(k) of the Cenvat Credit Rules, 2004, despite not qualifying as capital goods. The extended period was rightly invoked due to the appellant's non-disclosure of relevant facts. While the Commissioner imposed penalties, the Tribunal found in favor of the appellant, allowing a waiver of the balance pre-deposit and staying recovery pending appeal, citing supportive precedents. en-us Mon, 28 May 2012 00:00:00 +0530 Sat, 14 Sep 2013 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236984 The Tribunal held that items used in the repair and maintenance of plant and machinery are eligible for Cenvat credit under Rule 2(k) of the Cenvat Credit Rules, 2004, despite not qualifying as capital goods. The extended period was rightly invoked due to the appellant's non-disclosure of relevant facts. While the Commissioner imposed penalties, the Tribunal found in favor of the appellant, allowing a waiver of the balance pre-deposit and staying recovery pending appeal, citing supportive precedents. Case-Laws Central Excise Mon, 28 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236984