https://www.taxtmi.com/caselaws?id=241264 The Tribunal held that the applicant, a cement manufacturer, was not eligible for CENVAT credit on steel items like M.S. Angles, M.S. Beams, and TMT bars used in plant upgradation and structural work. The Tribunal emphasized the specific use of the goods and their nexus with manufacturing activity, citing the decision in Saraswati Sugar Mills case. It was determined that materials used for constructing supporting structures did not qualify as "capital goods" under the CENVAT Credit Rules, 2004. Additionally, the Tribunal required the applicant to make a pre-deposit of Rs.15,00,000 for admission of the appeal against the Commissioner (Appeals) order. en-us Tue, 26 Feb 2013 00:00:00 +0530 Fri, 20 Dec 2013 05:43:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241264 The Tribunal held that the applicant, a cement manufacturer, was not eligible for CENVAT credit on steel items like M.S. Angles, M.S. Beams, and TMT bars used in plant upgradation and structural work. The Tribunal emphasized the specific use of the goods and their nexus with manufacturing activity, citing the decision in Saraswati Sugar Mills case. It was determined that materials used for constructing supporting structures did not qualify as "capital goods" under the CENVAT Credit Rules, 2004. Additionally, the Tribunal required the applicant to make a pre-deposit of Rs.15,00,000 for admission of the appeal against the Commissioner (Appeals) order. Case-Laws Central Excise Tue, 26 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241264