https://www.taxtmi.com/caselaws?id=353223 CENVAT credit was admissible on erection and commissioning of VFD panels forming part of a boiler used in manufacture, because the panels were treated as components of eligible machinery and the departmental circular supported credit availability. Interest and penalty did not survive where the disputed credit was only availed in the books, was not utilised, and was reversed before adjudication. The appeal therefore succeeded and the disallowance, together with the consequential interest and penalty demand, was set aside. en-us Mon, 04 Dec 2017 00:00:00 +0530 Sat, 30 Dec 2017 08:46:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353223 CENVAT credit was admissible on erection and commissioning of VFD panels forming part of a boiler used in manufacture, because the panels were treated as components of eligible machinery and the departmental circular supported credit availability. Interest and penalty did not survive where the disputed credit was only availed in the books, was not utilised, and was reversed before adjudication. The appeal therefore succeeded and the disallowance, together with the consequential interest and penalty demand, was set aside. Case-Laws Central Excise Mon, 04 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353223