https://www.taxtmi.com/caselaws?id=266674 The Tribunal upheld the decision allowing input credit on steel plates, sheets, bars, angles, channels, tubes, and welding electrodes used for manufacturing capital goods. The Tribunal determined that since these items were used indirectly in the manufacturing process of capital goods, the respondent was entitled to input credit under Rule 2(k) of the Cenvat Credit Rules, 2004. The Revenue's appeal was dismissed as lacking merit, emphasizing the significance of direct or indirect use of materials in the manufacturing process for eligibility of input credit. en-us Mon, 21 Apr 2014 00:00:00 +0530 Thu, 22 Oct 2015 21:37:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266674 The Tribunal upheld the decision allowing input credit on steel plates, sheets, bars, angles, channels, tubes, and welding electrodes used for manufacturing capital goods. The Tribunal determined that since these items were used indirectly in the manufacturing process of capital goods, the respondent was entitled to input credit under Rule 2(k) of the Cenvat Credit Rules, 2004. The Revenue's appeal was dismissed as lacking merit, emphasizing the significance of direct or indirect use of materials in the manufacturing process for eligibility of input credit. Case-Laws Central Excise Mon, 21 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266674