https://www.taxtmi.com/caselaws?id=263086 Rule 2(a) of the CENVAT Credit Rules, 2004 was treated as an exhaustive definition of capital goods, so only the categories specifically listed could qualify. Welding electrodes used for repair and maintenance were not covered by the enumerated entries, and they could not be brought in through an expansive reading of components, spares or accessories. The 2004 definition was treated as substantially pari materia with the earlier Rule 57-Q regime, and the claim to CENVAT credit on welding electrodes as capital goods was rejected in favour of Revenue. en-us Fri, 27 Feb 2015 00:00:00 +0530 Thu, 01 Oct 2015 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263086 Rule 2(a) of the CENVAT Credit Rules, 2004 was treated as an exhaustive definition of capital goods, so only the categories specifically listed could qualify. Welding electrodes used for repair and maintenance were not covered by the enumerated entries, and they could not be brought in through an expansive reading of components, spares or accessories. The 2004 definition was treated as substantially pari materia with the earlier Rule 57-Q regime, and the claim to CENVAT credit on welding electrodes as capital goods was rejected in favour of Revenue. Case-Laws Central Excise Fri, 27 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263086