https://www.taxtmi.com/caselaws?id=268351 CENVAT credit was admissible on MS sheets, plates, angles, beams and similar goods used in the factory for repair and maintenance of plant and machinery, because such items were treated as falling within the capital goods framework when used as components, spares or accessories for repairs. The ruling in Rashtriya Ispat Nigam Ltd. on Rule 2(b) was distinguished from Sree Royalaseema Hi-Strength Hypo Ltd., which addressed the separate definition of inputs under Rule 2(k); the two decisions operated in different statutory fields. Support was also drawn from Hindustan Zinc Ltd., as affirmed by the Supreme Court, on credit for similar repair materials. en-us Mon, 19 Jan 2015 00:00:00 +0530 Wed, 25 Nov 2015 08:42:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268351 CENVAT credit was admissible on MS sheets, plates, angles, beams and similar goods used in the factory for repair and maintenance of plant and machinery, because such items were treated as falling within the capital goods framework when used as components, spares or accessories for repairs. The ruling in Rashtriya Ispat Nigam Ltd. on Rule 2(b) was distinguished from Sree Royalaseema Hi-Strength Hypo Ltd., which addressed the separate definition of inputs under Rule 2(k); the two decisions operated in different statutory fields. Support was also drawn from Hindustan Zinc Ltd., as affirmed by the Supreme Court, on credit for similar repair materials. Case-Laws Central Excise Mon, 19 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268351