https://www.taxtmi.com/caselaws?id=340424 The tribunal found in favor of the appellants, allowing the appeal and setting aside the disallowance of credit on MS items used for the fabrication of a molasses storage tank, which was considered an essential capital good for the functioning of the plant. The tribunal emphasized the importance of the tank in the manufacturing process and accepted the Chartered Engineer's confirmation of the use of MS items for its construction. Referring to relevant precedent, the tribunal concluded that the denial of credit was unjustified, granting relief to the appellants. en-us Wed, 25 Jan 2017 00:00:00 +0530 Tue, 21 Mar 2017 09:01:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340424 The tribunal found in favor of the appellants, allowing the appeal and setting aside the disallowance of credit on MS items used for the fabrication of a molasses storage tank, which was considered an essential capital good for the functioning of the plant. The tribunal emphasized the importance of the tank in the manufacturing process and accepted the Chartered Engineer's confirmation of the use of MS items for its construction. Referring to relevant precedent, the tribunal concluded that the denial of credit was unjustified, granting relief to the appellants. Case-Laws Central Excise Wed, 25 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340424