https://www.taxtmi.com/caselaws?id=239665 Steel plates, joists and channels used to fabricate a cooling bed for a rolling mill were treated as eligible Cenvat inputs because the cooling bed formed part of the rolling mill, a capital good under Rule 2(a). As Rule 2(k) extends credit to inputs used in fabrication of capital goods for use in the factory, the steel items qualified for credit even though the cooling bed was permanently fixed to the earth. The approach was consistent with the view that steel items used in fabrication of plant components can attract credit. Credit was therefore admissible and denial of Cenvat credit was unsustainable. en-us Mon, 25 Feb 2013 00:00:00 +0530 Tue, 19 Nov 2013 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239665 Steel plates, joists and channels used to fabricate a cooling bed for a rolling mill were treated as eligible Cenvat inputs because the cooling bed formed part of the rolling mill, a capital good under Rule 2(a). As Rule 2(k) extends credit to inputs used in fabrication of capital goods for use in the factory, the steel items qualified for credit even though the cooling bed was permanently fixed to the earth. The approach was consistent with the view that steel items used in fabrication of plant components can attract credit. Credit was therefore admissible and denial of Cenvat credit was unsustainable. Case-Laws Central Excise Mon, 25 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239665