https://www.taxtmi.com/caselaws?id=329110 CENVAT credit was admissible on MS plates, angles, channels, beams, bars and similar items used for fabrication and erection of machinery, equipment and other production-related installations because such goods could qualify as components, spares or accessories of capital goods on a functional user test. Credit was not admissible where the same materials were used for sheds or other civil construction, as those uses did not satisfy the capital goods nexus. The disallowance was therefore set aside for machinery and equipment uses, the shed-related demand was sustained with interest, and penalties were deleted. en-us Thu, 19 May 2016 00:00:00 +0530 Wed, 22 Jun 2016 09:48:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329110 CENVAT credit was admissible on MS plates, angles, channels, beams, bars and similar items used for fabrication and erection of machinery, equipment and other production-related installations because such goods could qualify as components, spares or accessories of capital goods on a functional user test. Credit was not admissible where the same materials were used for sheds or other civil construction, as those uses did not satisfy the capital goods nexus. The disallowance was therefore set aside for machinery and equipment uses, the shed-related demand was sustained with interest, and penalties were deleted. Case-Laws Central Excise Thu, 19 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329110