https://www.taxtmi.com/caselaws?id=338828 The Tribunal allowed the appeal, setting aside the disallowance of credit on MS items for the appellants engaged in Sponge Iron manufacturing. The Tribunal found that the MS items were used in fabricating capital goods, as evidenced by documents and photographs provided. Despite the Commissioner (Appeals) asserting that the MS items did not qualify as capital goods or inputs, the Tribunal ruled in favor of the appellants based on their usage in manufacturing essential equipment. Consequently, the appellants were deemed eligible for credit, and the appeal was allowed with any consequential reliefs. en-us Thu, 05 Jan 2017 00:00:00 +0530 Mon, 13 Feb 2017 10:03:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338828 The Tribunal allowed the appeal, setting aside the disallowance of credit on MS items for the appellants engaged in Sponge Iron manufacturing. The Tribunal found that the MS items were used in fabricating capital goods, as evidenced by documents and photographs provided. Despite the Commissioner (Appeals) asserting that the MS items did not qualify as capital goods or inputs, the Tribunal ruled in favor of the appellants based on their usage in manufacturing essential equipment. Consequently, the appellants were deemed eligible for credit, and the appeal was allowed with any consequential reliefs. Case-Laws Central Excise Thu, 05 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338828