https://www.taxtmi.com/caselaws?id=240212 The Tribunal allowed the appeal by M/s JSW Ispat Steel Ltd., granting them eligibility for CENVAT Credit on machinery/equipment used in setting up an Oxygen Plant within their factory premises. The Tribunal held that the plant's immovability did not affect the credit eligibility, emphasizing the purpose of relieving the cascading effect of taxes. Additionally, the Tribunal found that the demand invoking the extended period was not sustainable as the appellant had disclosed the credit in their returns and provided detailed invoices. The Revenue's appeal against the corrigendum was dismissed as infructuous. en-us Tue, 13 Aug 2013 00:00:00 +0530 Mon, 08 Feb 2016 18:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240212 The Tribunal allowed the appeal by M/s JSW Ispat Steel Ltd., granting them eligibility for CENVAT Credit on machinery/equipment used in setting up an Oxygen Plant within their factory premises. The Tribunal held that the plant's immovability did not affect the credit eligibility, emphasizing the purpose of relieving the cascading effect of taxes. Additionally, the Tribunal found that the demand invoking the extended period was not sustainable as the appellant had disclosed the credit in their returns and provided detailed invoices. The Revenue's appeal against the corrigendum was dismissed as infructuous. Case-Laws Central Excise Tue, 13 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240212