https://www.taxtmi.com/article/detailed?id=6700 Admissibility of Cenvat credit on rails and track materials depends on their nexus with manufacturing activity; goods used in or in relation to factory operations qualify as Inputs unless they have no relationship whatsoever to manufacture. The tribunal applied precedent and departmental practice to allow credit for on-site railway materials, and held that reclassification between Inputs and Capital goods during proceedings is not a bar to entitlement where entitlement otherwise exists. en-us Sat, 20 Feb 2016 10:28:02 +0530 Mon, 22 Feb 2016 09:50:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6700 Admissibility of Cenvat credit on rails and track materials depends on their nexus with manufacturing activity; goods used in or in relation to factory operations qualify as Inputs unless they have no relationship whatsoever to manufacture. The tribunal applied precedent and departmental practice to allow credit for on-site railway materials, and held that reclassification between Inputs and Capital goods during proceedings is not a bar to entitlement where entitlement otherwise exists. Articles Cenvat Credit Sat, 20 Feb 2016 10:28:02 +0530 https://www.taxtmi.com/article/detailed?id=6700