https://www.taxtmi.com/caselaws?id=356187 Cenvat credit was held admissible on steel items used to fabricate structures embedded to earth and necessary for installation of plant and machinery, as well as on welding electrodes used for repairs and maintenance of plant and machinery engaged in production. The Tribunal followed prior decisions recognising credit on such inputs used in the factory for manufacture of excisable goods. It also held that the extended period of limitation was not invokable because the admissibility of credit was under bona fide dispute during the relevant period, so suppression or wilful misstatement could not be inferred. The demand therefore failed on both merits and limitation. en-us Mon, 15 Jan 2018 00:00:00 +0530 Tue, 27 Feb 2018 07:09:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356187 Cenvat credit was held admissible on steel items used to fabricate structures embedded to earth and necessary for installation of plant and machinery, as well as on welding electrodes used for repairs and maintenance of plant and machinery engaged in production. The Tribunal followed prior decisions recognising credit on such inputs used in the factory for manufacture of excisable goods. It also held that the extended period of limitation was not invokable because the admissibility of credit was under bona fide dispute during the relevant period, so suppression or wilful misstatement could not be inferred. The demand therefore failed on both merits and limitation. Case-Laws Central Excise Mon, 15 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356187