https://www.taxtmi.com/caselaws?id=337464 The Appellate Tribunal CESTAT NEW DELHI set aside the lower authorities' decision disallowing credit for iron and steel items used in the fabrication of capital goods, citing a reversed Larger Bench decision by the Hon'ble High Court. The Tribunal remanded the matter for a fresh decision by the original adjudicating authority, considering the newly amended legal provisions from June 2012 to July 2013. The appellant was granted the opportunity to present relevant precedent decisions. The appeal was allowed for reevaluation within the updated legal framework, emphasizing the importance of interpreting provisions in line with the applicable timeline and withdrawn rules. en-us Mon, 05 Sep 2016 00:00:00 +0530 Tue, 10 Jan 2017 07:24:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337464 The Appellate Tribunal CESTAT NEW DELHI set aside the lower authorities' decision disallowing credit for iron and steel items used in the fabrication of capital goods, citing a reversed Larger Bench decision by the Hon'ble High Court. The Tribunal remanded the matter for a fresh decision by the original adjudicating authority, considering the newly amended legal provisions from June 2012 to July 2013. The appellant was granted the opportunity to present relevant precedent decisions. The appeal was allowed for reevaluation within the updated legal framework, emphasizing the importance of interpreting provisions in line with the applicable timeline and withdrawn rules. Case-Laws Central Excise Mon, 05 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337464