https://www.taxtmi.com/caselaws?id=331108 Cenvat credit was admissible on HR SS plates used in fabricating the storage tank for Ethyl Acetate, because the tank was treated as specified capital goods and the plates formed part of its body. Credit was also admissible on AC corrugated sheets used in the boiler's bagasse handling system, since they protected bagasse from moisture and enabled uniform feeding into the furnace, supporting steam generation and manufacture of excisable goods. On this basis, both items were treated as components or parts of capital goods used in the manufacturing process, and the denial of credit and related penalty were set aside. en-us Thu, 28 Jan 2016 00:00:00 +0530 Mon, 13 Feb 2017 14:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331108 Cenvat credit was admissible on HR SS plates used in fabricating the storage tank for Ethyl Acetate, because the tank was treated as specified capital goods and the plates formed part of its body. Credit was also admissible on AC corrugated sheets used in the boiler's bagasse handling system, since they protected bagasse from moisture and enabled uniform feeding into the furnace, supporting steam generation and manufacture of excisable goods. On this basis, both items were treated as components or parts of capital goods used in the manufacturing process, and the denial of credit and related penalty were set aside. Case-Laws Central Excise Thu, 28 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331108