https://www.taxtmi.com/caselaws?id=256342 The Appellate Tribunal CESTAT Ahmedabad upheld the adjudication order dropping proceedings under a Show Cause Notice regarding the eligibility of cenvat credit on capital goods and input services. The Tribunal determined that the Revenue failed to challenge the findings on eligibility before the Adjudicating Authority and cited legal principles supporting the decision. Referring to relevant circulars and legal precedents, the Tribunal concluded that possession and use of capital goods, not just installation, were crucial for claiming cenvat credit. Consequently, the Tribunal dismissed the Revenue's appeal, affirming the decision to drop the proceedings initiated under the Show Cause Notice. en-us Wed, 17 Dec 2014 00:00:00 +0530 Tue, 10 Feb 2015 09:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256342 The Appellate Tribunal CESTAT Ahmedabad upheld the adjudication order dropping proceedings under a Show Cause Notice regarding the eligibility of cenvat credit on capital goods and input services. The Tribunal determined that the Revenue failed to challenge the findings on eligibility before the Adjudicating Authority and cited legal principles supporting the decision. Referring to relevant circulars and legal precedents, the Tribunal concluded that possession and use of capital goods, not just installation, were crucial for claiming cenvat credit. Consequently, the Tribunal dismissed the Revenue's appeal, affirming the decision to drop the proceedings initiated under the Show Cause Notice. Case-Laws Central Excise Wed, 17 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256342