https://www.taxtmi.com/caselaws?id=362932 The Tribunal allowed the appeal filed by the appellant, a manufacturer of excisable goods, in a dispute over the denial of Cenvat credit on TMT bars used in the installation of capital goods. The Tribunal held that the TMT bars qualified as capital goods based on the 'user test' outlined in a Supreme Court judgment. It overturned the decision of the Commissioner (Appeals) and set aside the denial of credit, emphasizing the critical role of the capital goods in the manufacturing process. The judgment establishes a precedent for manufacturers to claim Cenvat credit on similar items. en-us Mon, 09 Apr 2018 00:00:00 +0530 Fri, 06 Jul 2018 07:51:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362932 The Tribunal allowed the appeal filed by the appellant, a manufacturer of excisable goods, in a dispute over the denial of Cenvat credit on TMT bars used in the installation of capital goods. The Tribunal held that the TMT bars qualified as capital goods based on the 'user test' outlined in a Supreme Court judgment. It overturned the decision of the Commissioner (Appeals) and set aside the denial of credit, emphasizing the critical role of the capital goods in the manufacturing process. The judgment establishes a precedent for manufacturers to claim Cenvat credit on similar items. Case-Laws Central Excise Mon, 09 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362932