https://www.taxtmi.com/forum/issue?id=107788 Cenvat credit on metal racks hinges on their functional role: although racks, shelves, angles and channels are often classifiable under chapter 73/94 and not treated as capital goods, credit may be admissible if the racks are essential for manufacturing or service operations by enabling safe storage and movement of goods; the decisive criterion is the nexus and indispensability of the racks to the production or service process rather than tariff classification alone. en-us Wed, 31 Dec 2014 09:59:29 +0530 Thu, 23 Jan 2025 15:57:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107788 Cenvat credit on metal racks hinges on their functional role: although racks, shelves, angles and channels are often classifiable under chapter 73/94 and not treated as capital goods, credit may be admissible if the racks are essential for manufacturing or service operations by enabling safe storage and movement of goods; the decisive criterion is the nexus and indispensability of the racks to the production or service process rather than tariff classification alone. Discussion-Forum Central Excise Wed, 31 Dec 2014 09:59:29 +0530 https://www.taxtmi.com/forum/issue?id=107788