https://www.taxtmi.com/caselaws?id=352215 The Tribunal ruled in favor of the appellant, allowing the availability of Cenvat Credit on specific items of Iron & Steel used in the production of cement. The appellant's reliance on previous judgments of the Madras High Court was accepted, establishing that the disputed items qualified as capital goods under the Cenvat Credit Rules, 2004. The disallowance of credit and penalty imposed by the Revenue were set aside, granting the appellant consequential benefits in accordance with the law. en-us Thu, 24 Aug 2017 00:00:00 +0530 Sat, 23 Dec 2017 10:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352215 The Tribunal ruled in favor of the appellant, allowing the availability of Cenvat Credit on specific items of Iron & Steel used in the production of cement. The appellant's reliance on previous judgments of the Madras High Court was accepted, establishing that the disputed items qualified as capital goods under the Cenvat Credit Rules, 2004. The disallowance of credit and penalty imposed by the Revenue were set aside, granting the appellant consequential benefits in accordance with the law. Case-Laws Central Excise Thu, 24 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352215