https://www.taxtmi.com/caselaws?id=344525 The Tribunal ruled in favor of the appellant, allowing the appeal for entitlement to CENVAT credit on steel and cement used in constructing storage silos and packing plant. It held that the items qualified as capital goods under Rule 2(a) of CCR, 2004, and were eligible for credit, contrary to the impugned order. The Tribunal emphasized that the transformation of capital goods into immovable property did not impact credit eligibility, citing relevant precedents. Consequently, the Tribunal set aside the order and granted the appellant consequential benefits, with the decision issued on 24/01/2017. en-us Tue, 24 Jan 2017 00:00:00 +0530 Thu, 22 Jun 2017 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344525 The Tribunal ruled in favor of the appellant, allowing the appeal for entitlement to CENVAT credit on steel and cement used in constructing storage silos and packing plant. It held that the items qualified as capital goods under Rule 2(a) of CCR, 2004, and were eligible for credit, contrary to the impugned order. The Tribunal emphasized that the transformation of capital goods into immovable property did not impact credit eligibility, citing relevant precedents. Consequently, the Tribunal set aside the order and granted the appellant consequential benefits, with the decision issued on 24/01/2017. Case-Laws Central Excise Tue, 24 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344525