https://www.taxtmi.com/caselaws?id=264156 The court allowed the Revenue's appeal, ruling against the Assessee's claim that 'Welding Electrodes' are eligible for CENVAT Credit as Capital Goods under the Central Excise Rules, 1944. The court held that the definition of 'Capital Goods' is exhaustive and does not encompass Welding Electrodes as claimed by the Assessee. Referring to a previous judgment, the court found no substantial difference in the definition of 'Capital Goods' under the Rules and ruled in favor of the Revenue, quashing the Tribunal's order. The appeal was allowed with no order as to costs, concluding the matter. en-us Fri, 27 Feb 2015 00:00:00 +0530 Fri, 09 Oct 2015 10:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264156 The court allowed the Revenue's appeal, ruling against the Assessee's claim that 'Welding Electrodes' are eligible for CENVAT Credit as Capital Goods under the Central Excise Rules, 1944. The court held that the definition of 'Capital Goods' is exhaustive and does not encompass Welding Electrodes as claimed by the Assessee. Referring to a previous judgment, the court found no substantial difference in the definition of 'Capital Goods' under the Rules and ruled in favor of the Revenue, quashing the Tribunal's order. The appeal was allowed with no order as to costs, concluding the matter. Case-Laws Central Excise Fri, 27 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264156