https://www.taxtmi.com/caselaws?id=353633 Cenvat credit was considered admissible where the disputed goods were shown to be used in the factory in relation to manufacture and to fall within the definitions of inputs or capital goods. Items used as parts, accessories, dies, components, or machinery-related fittings under Chapter 84 were treated as eligible, and cooling beds, roller beds and collecting pockets were regarded as accessories to TMT machines because they improved the convenience and effectiveness of the manufacturing system. As the only dispute was credit eligibility under the Cenvat Credit Rules, the penalty basis also failed. The credit was upheld and the penalties were set aside. en-us Wed, 03 Jan 2018 00:00:00 +0530 Tue, 09 Jan 2018 08:15:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353633 Cenvat credit was considered admissible where the disputed goods were shown to be used in the factory in relation to manufacture and to fall within the definitions of inputs or capital goods. Items used as parts, accessories, dies, components, or machinery-related fittings under Chapter 84 were treated as eligible, and cooling beds, roller beds and collecting pockets were regarded as accessories to TMT machines because they improved the convenience and effectiveness of the manufacturing system. As the only dispute was credit eligibility under the Cenvat Credit Rules, the penalty basis also failed. The credit was upheld and the penalties were set aside. Case-Laws Central Excise Wed, 03 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353633