https://www.taxtmi.com/caselaws?id=337939 Welding electrodes used for repair and maintenance of plant and machinery were held not to qualify as capital goods for CENVAT credit under the relevant rules. The definitions in Rule 2(b) of the CENVAT Credit Rules, 2002 and Rule 2(a) of the CENVAT Credit Rules, 2004 were treated as exhaustive and confined to the goods specifically enumerated in those provisions. The phrase components, spares and accessories could not be expanded to include welding electrodes merely because they were used in maintenance work. Applying the same interpretative approach as under Rule 57-Q of the Central Excise Rules, 1944, the credit was held inadmissible and the assessee's claim failed. en-us Tue, 10 Jan 2017 00:00:00 +0530 Tue, 30 Jan 2018 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337939 Welding electrodes used for repair and maintenance of plant and machinery were held not to qualify as capital goods for CENVAT credit under the relevant rules. The definitions in Rule 2(b) of the CENVAT Credit Rules, 2002 and Rule 2(a) of the CENVAT Credit Rules, 2004 were treated as exhaustive and confined to the goods specifically enumerated in those provisions. The phrase components, spares and accessories could not be expanded to include welding electrodes merely because they were used in maintenance work. Applying the same interpretative approach as under Rule 57-Q of the Central Excise Rules, 1944, the credit was held inadmissible and the assessee's claim failed. Case-Laws Central Excise Tue, 10 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337939