https://www.taxtmi.com/caselaws?id=268020 Cenvat credit was held admissible on steel items used to fabricate a storage tank, sugar grader and boiler supports, as they formed inputs for capital goods or integral structural components. A small portion of credit was conceded and ordered to be reversed with interest. Where the dispute concerned interpretative eligibility to credit, penalty was held not leviable. The assessee therefore succeeded on the substantive credit issue, subject to reversal of the disallowed amount with interest, and avoided penal consequences. en-us Thu, 07 May 2015 00:00:00 +0530 Thu, 11 Feb 2016 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268020 Cenvat credit was held admissible on steel items used to fabricate a storage tank, sugar grader and boiler supports, as they formed inputs for capital goods or integral structural components. A small portion of credit was conceded and ordered to be reversed with interest. Where the dispute concerned interpretative eligibility to credit, penalty was held not leviable. The assessee therefore succeeded on the substantive credit issue, subject to reversal of the disallowed amount with interest, and avoided penal consequences. Case-Laws Central Excise Thu, 07 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268020