https://www.taxtmi.com/caselaws?id=187648 The Tribunal ruled in favor of the appellant in a case concerning the denial of cenvat credit on disputed goods used for repair and maintenance of machinery. The Tribunal held that the disputed goods should be considered as capital goods or alternatively as input under the Cenvat Credit Rules, 2004. It distinguished a Supreme Court judgment cited by the respondent, emphasizing that denial of cenvat benefit would contradict the legislative intent behind the Cenvat scheme. The Tribunal set aside the lower authorities' decision and allowed the appeal, granting cenvat credit eligibility to the appellant. en-us Wed, 14 Oct 2015 00:00:00 +0530 Tue, 01 Nov 2016 18:37:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187648 The Tribunal ruled in favor of the appellant in a case concerning the denial of cenvat credit on disputed goods used for repair and maintenance of machinery. The Tribunal held that the disputed goods should be considered as capital goods or alternatively as input under the Cenvat Credit Rules, 2004. It distinguished a Supreme Court judgment cited by the respondent, emphasizing that denial of cenvat benefit would contradict the legislative intent behind the Cenvat scheme. The Tribunal set aside the lower authorities' decision and allowed the appeal, granting cenvat credit eligibility to the appellant. Case-Laws Central Excise Wed, 14 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187648