https://www.taxtmi.com/caselaws?id=1814 Cenvat credit was admissible on Chapter 72 parts and components used within the factory for a power plant that supported manufacture of the final product. Rule 2(b) of the Cenvat Credit Rules, 2002 was applied to treat components, spares and accessories used in the factory as capital goods, and a restrictive requirement of direct use in the paper-making machinery was rejected. Credit was therefore allowed because the disputed items were used in a manufacturing-linked installation inside the factory, and the denial of credit, demand, interest and penalty did not survive. en-us Fri, 11 May 2007 00:00:00 +0530 Tue, 15 Apr 2008 10:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1814 Cenvat credit was admissible on Chapter 72 parts and components used within the factory for a power plant that supported manufacture of the final product. Rule 2(b) of the Cenvat Credit Rules, 2002 was applied to treat components, spares and accessories used in the factory as capital goods, and a restrictive requirement of direct use in the paper-making machinery was rejected. Credit was therefore allowed because the disputed items were used in a manufacturing-linked installation inside the factory, and the denial of credit, demand, interest and penalty did not survive. Case-Laws Central Excise Fri, 11 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1814