https://www.taxtmi.com/caselaws?id=325594 An adjudication denying capital goods credit must record item-wise, fact-based reasons and address the precedents relied on by the assessee; conclusions drawn on assumptions or expressions such as "do not appear" or "apparently" are insufficient. Where the authority fails to examine the evidence and applicable law, the denial of credit cannot be sustained. The matter was therefore set aside and remanded for fresh adjudication after granting the assessee an opportunity of hearing. en-us Wed, 10 Feb 2016 00:00:00 +0530 Fri, 04 Nov 2016 10:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325594 An adjudication denying capital goods credit must record item-wise, fact-based reasons and address the precedents relied on by the assessee; conclusions drawn on assumptions or expressions such as "do not appear" or "apparently" are insufficient. Where the authority fails to examine the evidence and applicable law, the denial of credit cannot be sustained. The matter was therefore set aside and remanded for fresh adjudication after granting the assessee an opportunity of hearing. Case-Laws Central Excise Wed, 10 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325594