https://www.taxtmi.com/caselaws?id=265887 The Tribunal allowed the appeal filed by the appellants, setting aside the denial of cenvat credit on damaged machinery parts used in manufacturing Material Handling Equipments. The Tribunal held that availing credit on the entire machine, including replaced damaged parts, is permissible under the Cenvat Credit Rules. The Tribunal found that the mere replacement of parts should not result in the denial of proportionate cenvat credit. It was concluded that the denial of cenvat credit was unjustified, and the appellant's reliance on legal precedents supported their case, leading to the favorable outcome for the appellants. en-us Fri, 15 May 2015 00:00:00 +0530 Fri, 16 Oct 2015 22:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265887 The Tribunal allowed the appeal filed by the appellants, setting aside the denial of cenvat credit on damaged machinery parts used in manufacturing Material Handling Equipments. The Tribunal held that availing credit on the entire machine, including replaced damaged parts, is permissible under the Cenvat Credit Rules. The Tribunal found that the mere replacement of parts should not result in the denial of proportionate cenvat credit. It was concluded that the denial of cenvat credit was unjustified, and the appellant's reliance on legal precedents supported their case, leading to the favorable outcome for the appellants. Case-Laws Central Excise Fri, 15 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265887