https://www.taxtmi.com/caselaws?id=255093 The tribunal allowed the appeal, setting aside the order disallowing Cenvat credit on capital goods used for converting black rods/bars into bright bars. Relying on legal principles and precedents, including the Supreme Court's ruling and CESTAT decisions, the tribunal determined that the conversion process did not amount to manufacture. The appellant was entitled to Cenvat credit, as duty paid on the final product exceeded the credit taken, aligning with previous judgments that credit need not be reversed if utilized for duty payment. en-us Tue, 30 Sep 2014 00:00:00 +0530 Tue, 23 Jun 2015 15:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255093 The tribunal allowed the appeal, setting aside the order disallowing Cenvat credit on capital goods used for converting black rods/bars into bright bars. Relying on legal principles and precedents, including the Supreme Court's ruling and CESTAT decisions, the tribunal determined that the conversion process did not amount to manufacture. The appellant was entitled to Cenvat credit, as duty paid on the final product exceeded the credit taken, aligning with previous judgments that credit need not be reversed if utilized for duty payment. Case-Laws Central Excise Tue, 30 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255093