https://www.taxtmi.com/caselaws?id=244461 The Tribunal rejected the Revenue's appeal regarding the eligibility of radio active material (californium - 252) used in a fast lab analyzer as capital goods. The Commissioner had allowed the credit, emphasizing the material's necessity for the analyzer's operation and citing precedents. The Tribunal focused on the material falling under the definition of inputs, supporting the appellant's claim. The decision highlights the material's essential role and adherence to legal provisions, ultimately ruling in favor of the appellant and affirming the admissibility of the credit. en-us Wed, 10 Jul 2013 00:00:00 +0530 Thu, 27 Feb 2014 06:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244461 The Tribunal rejected the Revenue's appeal regarding the eligibility of radio active material (californium - 252) used in a fast lab analyzer as capital goods. The Commissioner had allowed the credit, emphasizing the material's necessity for the analyzer's operation and citing precedents. The Tribunal focused on the material falling under the definition of inputs, supporting the appellant's claim. The decision highlights the material's essential role and adherence to legal provisions, ultimately ruling in favor of the appellant and affirming the admissibility of the credit. Case-Laws Central Excise Wed, 10 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244461