https://www.taxtmi.com/caselaws?id=170716 Steel balls and cylpebs used as grinding media in grinding mills for clinker processing were treated as components of the machine and therefore eligible for Cenvat credit as capital goods. Rods and hammers used in hammer mills for crushing limestone were likewise regarded as parts of the machinery and eligible for credit. The text applies the principle that integral components, including wear parts functioning as part of plant and machinery, can qualify as capital goods where the relevant definition and circular support that treatment. On that basis, disallowance of credit, along with consequential interest and penalty, was not sustainable. en-us Mon, 12 Aug 2013 00:00:00 +0530 Wed, 10 Jun 2015 11:39:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170716 Steel balls and cylpebs used as grinding media in grinding mills for clinker processing were treated as components of the machine and therefore eligible for Cenvat credit as capital goods. Rods and hammers used in hammer mills for crushing limestone were likewise regarded as parts of the machinery and eligible for credit. The text applies the principle that integral components, including wear parts functioning as part of plant and machinery, can qualify as capital goods where the relevant definition and circular support that treatment. On that basis, disallowance of credit, along with consequential interest and penalty, was not sustainable. Case-Laws Central Excise Mon, 12 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170716