https://www.taxtmi.com/caselaws?id=176589 Cenvat credit was held inadmissible on HR sheets, mill plates, steel plates, jointing sheets and paints where the recorded use was for staging and supporting structures, general maintenance, roofing and erection of factory and store, rather than fabrication of capital goods as required under the Cenvat Credit scheme. The credit claim therefore failed, and reversal of the credit with interest was directed. Penalty was not warranted because the entitlement to credit was genuinely ed on the facts, so the penal consequence was set aside. en-us Fri, 06 Feb 2015 00:00:00 +0530 Wed, 03 Feb 2016 12:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176589 Cenvat credit was held inadmissible on HR sheets, mill plates, steel plates, jointing sheets and paints where the recorded use was for staging and supporting structures, general maintenance, roofing and erection of factory and store, rather than fabrication of capital goods as required under the Cenvat Credit scheme. The credit claim therefore failed, and reversal of the credit with interest was directed. Penalty was not warranted because the entitlement to credit was genuinely ed on the facts, so the penal consequence was set aside. Case-Laws Central Excise Fri, 06 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176589