https://www.taxtmi.com/caselaws?id=3898 Resin bonded insulation material used in a factory's humidification plant as roof bonding material was treated as an accessory to specified capital goods. Because the material supported the plant's efficiency and life, it fell within the credit scheme under Rule 2 of the Cenvat Credit Rules, 2002, which covers accessories to capital goods. On that basis, capital goods credit was available and denial of credit could not be sustained. The corresponding demand for credit, interest and penalty was therefore unsustainable. en-us Fri, 07 Dec 2007 00:00:00 +0530 Fri, 09 May 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3898 Resin bonded insulation material used in a factory's humidification plant as roof bonding material was treated as an accessory to specified capital goods. Because the material supported the plant's efficiency and life, it fell within the credit scheme under Rule 2 of the Cenvat Credit Rules, 2002, which covers accessories to capital goods. On that basis, capital goods credit was available and denial of credit could not be sustained. The corresponding demand for credit, interest and penalty was therefore unsustainable. Case-Laws Central Excise Fri, 07 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3898