https://www.taxtmi.com/caselaws?id=340134 Cenvat credit was held admissible on saree guards cleared along with motorcycles and scooters because the guards were statutorily required safety devices under the Central Motor Vehicle Rules and formed part of the complete marketable vehicle. Since the vehicle could not be sold as a finished product without the protective device and its cost was included in the assessable value, the item was treated as an input for credit purposes. The disallowance was therefore set aside. en-us Mon, 06 Feb 2017 00:00:00 +0530 Thu, 16 Mar 2017 08:22:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340134 Cenvat credit was held admissible on saree guards cleared along with motorcycles and scooters because the guards were statutorily required safety devices under the Central Motor Vehicle Rules and formed part of the complete marketable vehicle. Since the vehicle could not be sold as a finished product without the protective device and its cost was included in the assessable value, the item was treated as an input for credit purposes. The disallowance was therefore set aside. Case-Laws Central Excise Mon, 06 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340134