https://www.taxtmi.com/caselaws?id=362945 The Tribunal upheld the Commissioner (Appeals) decision, rejecting the Revenue's appeal regarding irregular Cenvat credit availed by the assessee. The Tribunal emphasized the application of legal principles and precedents in determining the eligibility of Cenvat credit and classification of goods under central excise laws. The decision highlighted that denial of credit for items used as part of machinery covered by the definition of capital goods was incorrect, leading to the dismissal of the Revenue's appeal and disposal of the cross objection. en-us Tue, 22 May 2018 00:00:00 +0530 Fri, 06 Jul 2018 07:52:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362945 The Tribunal upheld the Commissioner (Appeals) decision, rejecting the Revenue's appeal regarding irregular Cenvat credit availed by the assessee. The Tribunal emphasized the application of legal principles and precedents in determining the eligibility of Cenvat credit and classification of goods under central excise laws. The decision highlighted that denial of credit for items used as part of machinery covered by the definition of capital goods was incorrect, leading to the dismissal of the Revenue's appeal and disposal of the cross objection. Case-Laws Central Excise Tue, 22 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362945