https://www.taxtmi.com/caselaws?id=342713 The Appellate Tribunal CESTAT HYDERABAD ruled in favor of the appellants in a case regarding the availment of CENVAT credit on MS items used for fabricating structural supports for capital goods. The Tribunal found that the denial of credit based on the immovability argument was unjustified, especially since the appellants had provided evidence of the necessity and use of the items for positioning and operation of capital goods. As the appellants had disclosed the credit availed in their returns and there was no evidence of suppression of facts, the demand was deemed time-barred. The impugned order disallowing the credit was set aside, and the appeals were allowed. en-us Mon, 27 Mar 2017 00:00:00 +0530 Wed, 10 May 2017 07:26:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342713 The Appellate Tribunal CESTAT HYDERABAD ruled in favor of the appellants in a case regarding the availment of CENVAT credit on MS items used for fabricating structural supports for capital goods. The Tribunal found that the denial of credit based on the immovability argument was unjustified, especially since the appellants had provided evidence of the necessity and use of the items for positioning and operation of capital goods. As the appellants had disclosed the credit availed in their returns and there was no evidence of suppression of facts, the demand was deemed time-barred. The impugned order disallowing the credit was set aside, and the appeals were allowed. Case-Laws Central Excise Mon, 27 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342713