https://www.taxtmi.com/caselaws?id=349731 Cenvat credit on capital goods was held admissible where the power press was installed in a job-working unit belonging to the same assessee, because credit cannot be denied merely on the ground of location when the units are part of the same business arrangement and the overall duty position is revenue neutral. The dispute also addressed limitation, and the extended period was found unavailable since the credit was disclosed in statutory records and returns, with no suppression, misstatement, or mala fide intent shown. The denial of credit and the consequent demand were therefore set aside on both merits and limitation. en-us Thu, 10 Aug 2017 00:00:00 +0530 Wed, 25 Oct 2017 08:14:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349731 Cenvat credit on capital goods was held admissible where the power press was installed in a job-working unit belonging to the same assessee, because credit cannot be denied merely on the ground of location when the units are part of the same business arrangement and the overall duty position is revenue neutral. The dispute also addressed limitation, and the extended period was found unavailable since the credit was disclosed in statutory records and returns, with no suppression, misstatement, or mala fide intent shown. The denial of credit and the consequent demand were therefore set aside on both merits and limitation. Case-Laws Central Excise Thu, 10 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349731