https://www.taxtmi.com/caselaws?id=344303 The Madras High Court allowed the appeal filed by the Assessee regarding the availability of CENVAT credit on welding electrodes for repairs, maintenance of machinery, and manufacturing the final product. The Court ruled in favor of the Assessee, overturning the Tribunal's decision based on a Division Bench judgment supporting the admissibility of such credit. The Court emphasized the significance of precedent and legal principles in deciding CENVAT credit availability, ultimately favoring the Assessee in this case. The appeal was allowed, the Tribunal's order was set aside, and no costs were awarded. en-us Mon, 17 Apr 2017 00:00:00 +0530 Tue, 30 Jan 2018 11:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344303 The Madras High Court allowed the appeal filed by the Assessee regarding the availability of CENVAT credit on welding electrodes for repairs, maintenance of machinery, and manufacturing the final product. The Court ruled in favor of the Assessee, overturning the Tribunal's decision based on a Division Bench judgment supporting the admissibility of such credit. The Court emphasized the significance of precedent and legal principles in deciding CENVAT credit availability, ultimately favoring the Assessee in this case. The appeal was allowed, the Tribunal's order was set aside, and no costs were awarded. Case-Laws Central Excise Mon, 17 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344303