https://www.taxtmi.com/caselaws?id=251080 MS plates, angles, channels, rounds, screws and similar iron and steel items used in fabricating a chimney for a furnace were treated as eligible for Cenvat credit as capital goods under Rule 2(b) of the Cenvat Credit Rules, 2002. The chimney was regarded as an essential part of the furnace and necessary for its operation, so the credit claim was allowed. The contrary contention that the items were used only for repair of the chimney was rejected, the evidence supporting fabrication for plant operations being accepted along with precedents on steel items used in construction or maintenance of plant and machinery. en-us Wed, 05 Mar 2014 00:00:00 +0530 Fri, 22 Aug 2014 18:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251080 MS plates, angles, channels, rounds, screws and similar iron and steel items used in fabricating a chimney for a furnace were treated as eligible for Cenvat credit as capital goods under Rule 2(b) of the Cenvat Credit Rules, 2002. The chimney was regarded as an essential part of the furnace and necessary for its operation, so the credit claim was allowed. The contrary contention that the items were used only for repair of the chimney was rejected, the evidence supporting fabrication for plant operations being accepted along with precedents on steel items used in construction or maintenance of plant and machinery. Case-Laws Central Excise Wed, 05 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251080