https://www.taxtmi.com/caselaws?id=346636 The Tribunal ruled in favor of the appellant manufacturer, allowing them to avail Cenvat credit on iron and steel items used in the fabrication of capital goods and machinery essential for the manufacturing process. The Tribunal held that these items qualified as inputs under the amended definition of 'inputs' in the Cenvat credit Rules, emphasizing their importance in the manufacturing of excisable products. Consequently, the Tribunal set aside the demand, interest, and penalty imposed by the Revenue, granting the appellant the entitlement to the Cenvat credit and consequential benefits as per the law. en-us Mon, 15 May 2017 00:00:00 +0530 Mon, 21 Aug 2017 08:07:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346636 The Tribunal ruled in favor of the appellant manufacturer, allowing them to avail Cenvat credit on iron and steel items used in the fabrication of capital goods and machinery essential for the manufacturing process. The Tribunal held that these items qualified as inputs under the amended definition of 'inputs' in the Cenvat credit Rules, emphasizing their importance in the manufacturing of excisable products. Consequently, the Tribunal set aside the demand, interest, and penalty imposed by the Revenue, granting the appellant the entitlement to the Cenvat credit and consequential benefits as per the law. Case-Laws Central Excise Mon, 15 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346636