https://www.taxtmi.com/caselaws?id=344634 The Tribunal disallowed CENVAT credit on prefabricated building items, doors, and office furniture for a pharmaceutical manufacturer, ruling they did not qualify as inputs directly used in manufacturing. The Tribunal found no willful misstatement or suppression by the assessee in claiming the credit, rejecting the extended period of limitation and mandatory penalty. The High Court upheld the Tribunal's decision, dismissing the appeal as no substantial legal question arose. The matter was remanded for reevaluation within the normal one-year period, excluding the extended period and penalty. en-us Mon, 19 Jun 2017 00:00:00 +0530 Tue, 06 Feb 2018 13:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344634 The Tribunal disallowed CENVAT credit on prefabricated building items, doors, and office furniture for a pharmaceutical manufacturer, ruling they did not qualify as inputs directly used in manufacturing. The Tribunal found no willful misstatement or suppression by the assessee in claiming the credit, rejecting the extended period of limitation and mandatory penalty. The High Court upheld the Tribunal's decision, dismissing the appeal as no substantial legal question arose. The matter was remanded for reevaluation within the normal one-year period, excluding the extended period and penalty. Case-Laws Central Excise Mon, 19 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344634