https://www.taxtmi.com/caselaws?id=335885 Cenvat credit was examined for structural steel items and welding electrodes used to fabricate capital goods within the factory under the Cenvat Credit Rules, 2004. Applying the user test, the analysis treated the steel items as goods used in relation to manufacture and within the relevant definitions of inputs or capital goods for the period in dispute. The 2009 amendment was found inapplicable because it operated only prospectively. Credit on welding electrodes was also supported where they were used in fabrication inside the factory. On that basis, credit on both items was considered admissible and the related penalty unsustainable. en-us Tue, 29 Nov 2016 00:00:00 +0530 Mon, 12 Dec 2016 18:06:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335885 Cenvat credit was examined for structural steel items and welding electrodes used to fabricate capital goods within the factory under the Cenvat Credit Rules, 2004. Applying the user test, the analysis treated the steel items as goods used in relation to manufacture and within the relevant definitions of inputs or capital goods for the period in dispute. The 2009 amendment was found inapplicable because it operated only prospectively. Credit on welding electrodes was also supported where they were used in fabrication inside the factory. On that basis, credit on both items was considered admissible and the related penalty unsustainable. Case-Laws Central Excise Tue, 29 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335885