https://www.taxtmi.com/caselaws?id=270187 The Tribunal allowed the appeal, setting aside the order denying service tax credit to the appellants for iron ore sent to a job worker for manufacturing sponge iron. The Tribunal held that the denial of credit under Rule 3(5) of Cenvat Credit Rules, 2004 was unsustainable as the waste generated during crushing of raw material made it impractical to expect the entire quantity to be returned. The decision was based on precedents and principles established in relevant judgments, emphasizing the distinction between inputs, capital goods, and input services. en-us Mon, 26 Oct 2015 00:00:00 +0530 Thu, 31 Dec 2015 12:32:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270187 The Tribunal allowed the appeal, setting aside the order denying service tax credit to the appellants for iron ore sent to a job worker for manufacturing sponge iron. The Tribunal held that the denial of credit under Rule 3(5) of Cenvat Credit Rules, 2004 was unsustainable as the waste generated during crushing of raw material made it impractical to expect the entire quantity to be returned. The decision was based on precedents and principles established in relevant judgments, emphasizing the distinction between inputs, capital goods, and input services. Case-Laws Central Excise Mon, 26 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270187