https://www.taxtmi.com/caselaws?id=331824 The Tribunal allowed the appeal in favor of the Appellant, granting CENVAT credit on specific steel items used in the manufacturing process, including MS Flats, Sheets, Bolts, and Plates. The Tribunal considered the items as capital goods based on precedents and previous judgments, overturning the Order-in-Appeal's decision to demand credit, interest, and penalty. The Appellant successfully argued for the admissibility of credit on steel items used for repair and maintenance, citing relevant precedents and settled legal principles. The Tribunal's decision was influenced by established legal principles and precedents, ultimately ruling in favor of the Appellant regarding the eligibility of CENVAT credit on the disputed steel items. en-us Mon, 18 Jul 2016 00:00:00 +0530 Wed, 31 Aug 2016 16:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331824 The Tribunal allowed the appeal in favor of the Appellant, granting CENVAT credit on specific steel items used in the manufacturing process, including MS Flats, Sheets, Bolts, and Plates. The Tribunal considered the items as capital goods based on precedents and previous judgments, overturning the Order-in-Appeal's decision to demand credit, interest, and penalty. The Appellant successfully argued for the admissibility of credit on steel items used for repair and maintenance, citing relevant precedents and settled legal principles. The Tribunal's decision was influenced by established legal principles and precedents, ultimately ruling in favor of the Appellant regarding the eligibility of CENVAT credit on the disputed steel items. Case-Laws Central Excise Mon, 18 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331824