https://www.taxtmi.com/caselaws?id=337150 The Tribunal held that disallowing CENVAT Credit on MS items used for fabrication of storage tanks was unjustified. It determined that storage tanks qualify as capital goods, emphasizing their essential role in the manufacturing process. Relying on legal precedents and the Chartered Engineer Certificate provided, the Tribunal allowed the appeal, setting aside the original order and granting consequential reliefs to the appellants. en-us Fri, 18 Nov 2016 00:00:00 +0530 Wed, 04 Jan 2017 08:55:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337150 The Tribunal held that disallowing CENVAT Credit on MS items used for fabrication of storage tanks was unjustified. It determined that storage tanks qualify as capital goods, emphasizing their essential role in the manufacturing process. Relying on legal precedents and the Chartered Engineer Certificate provided, the Tribunal allowed the appeal, setting aside the original order and granting consequential reliefs to the appellants. Case-Laws Central Excise Fri, 18 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337150