https://www.taxtmi.com/caselaws?id=334801 Cenvat credit on cryogenic tanks used for storage and transportation of gases was held admissible where the tanks were part of the manufacturing and delivery chain and separate transportation charges were recovered from customers on which duty was discharged. The fact that the tanks served both storage and transport functions did not by itself justify denial of credit. The operative principle applied was that credit remains available when capital goods are integrally used in the production and delivery process and the relevant recovered value has suffered duty. The denial of credit was therefore unsustainable. en-us Wed, 07 Sep 2016 00:00:00 +0530 Sat, 08 Apr 2017 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334801 Cenvat credit on cryogenic tanks used for storage and transportation of gases was held admissible where the tanks were part of the manufacturing and delivery chain and separate transportation charges were recovered from customers on which duty was discharged. The fact that the tanks served both storage and transport functions did not by itself justify denial of credit. The operative principle applied was that credit remains available when capital goods are integrally used in the production and delivery process and the relevant recovered value has suffered duty. The denial of credit was therefore unsustainable. Case-Laws Central Excise Wed, 07 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334801