https://www.taxtmi.com/caselaws?id=170303 Cenvat credit on capital goods could not be denied merely because the goods were received as replacement under a reinstatement insurance policy. The decisive factors were that the goods were duty paid, supported by proper duty-paying documents, and their receipt and use were not disputed. The source of funding or the insurer's reimbursement arrangement did not affect statutory eligibility for credit. Where the department accepted the duty-paid character of the goods and their receipt, denial of credit was unwarranted. en-us Tue, 30 Nov 2010 00:00:00 +0530 Fri, 22 May 2015 10:55:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170303 Cenvat credit on capital goods could not be denied merely because the goods were received as replacement under a reinstatement insurance policy. The decisive factors were that the goods were duty paid, supported by proper duty-paying documents, and their receipt and use were not disputed. The source of funding or the insurer's reimbursement arrangement did not affect statutory eligibility for credit. Where the department accepted the duty-paid character of the goods and their receipt, denial of credit was unwarranted. Case-Laws Central Excise Tue, 30 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170303