https://www.taxtmi.com/caselaws?id=356641 Structural steel items such as angles, channels, joists, TMT bars and mill plates used to fabricate support structures and plant equipment were treated as eligible for Cenvat credit under the user test, because such items formed part of capital goods or their components. The post-07.07.2009 exclusion did not defeat credit where the materials were used in that manner, so denial of credit and consequential interest and penalty on the main disputed items could not stand. For the smaller residual amounts, however, the demand and interest were sustained for want of material to dislodge them, while penalty was set aside on one confirmed amount. en-us Mon, 19 Feb 2018 00:00:00 +0530 Fri, 09 Mar 2018 06:49:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356641 Structural steel items such as angles, channels, joists, TMT bars and mill plates used to fabricate support structures and plant equipment were treated as eligible for Cenvat credit under the user test, because such items formed part of capital goods or their components. The post-07.07.2009 exclusion did not defeat credit where the materials were used in that manner, so denial of credit and consequential interest and penalty on the main disputed items could not stand. For the smaller residual amounts, however, the demand and interest were sustained for want of material to dislodge them, while penalty was set aside on one confirmed amount. Case-Laws Central Excise Mon, 19 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356641