https://www.taxtmi.com/caselaws?id=342297 The Tribunal upheld the Commissioner's decision, allowing the respondent's Cenvat credit and dismissing the Revenue's appeal. The Tribunal emphasized that ownership was not determinative for credit eligibility, approved credit for capital goods not solely acquired from finance companies, and permitted credit on steel items for supporting structures. Precedents supported these conclusions, leading to the rejection of the Revenue's arguments. en-us Fri, 03 Mar 2017 00:00:00 +0530 Mon, 01 May 2017 08:56:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342297 The Tribunal upheld the Commissioner's decision, allowing the respondent's Cenvat credit and dismissing the Revenue's appeal. The Tribunal emphasized that ownership was not determinative for credit eligibility, approved credit for capital goods not solely acquired from finance companies, and permitted credit on steel items for supporting structures. Precedents supported these conclusions, leading to the rejection of the Revenue's arguments. Case-Laws Central Excise Fri, 03 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342297