https://www.taxtmi.com/caselaws?id=336395 Fabricated steel structures and fish plates used to make steel platforms for welding railway wagons were treated as neither capital goods nor eligible inputs under Rule 2 of the Cenvat Credit Rules, 2002, so Cenvat credit was denied. On penalty, the record showed favourable case law was already available before the First Appellate Authority, and the penalty was therefore considered unjustified and was set aside. The result was that the credit disallowance remained in place, while only the penalty relief was granted. en-us Tue, 26 Jul 2016 00:00:00 +0530 Tue, 10 Jan 2017 11:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336395 Fabricated steel structures and fish plates used to make steel platforms for welding railway wagons were treated as neither capital goods nor eligible inputs under Rule 2 of the Cenvat Credit Rules, 2002, so Cenvat credit was denied. On penalty, the record showed favourable case law was already available before the First Appellate Authority, and the penalty was therefore considered unjustified and was set aside. The result was that the credit disallowance remained in place, while only the penalty relief was granted. Case-Laws Central Excise Tue, 26 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336395