https://www.taxtmi.com/caselaws?id=363890 The Tribunal allowed the appeal, holding that the cascades used for storing and transporting Compressed Natural Gas (CNG) qualified as capital goods eligible for Cenvat credit under the Cenvat Credit Rules, 2004. The Tribunal found that CNG manufacturing was impossible without the cascades, which are crucial for both storing CNG and transporting it to daughter stations or retail outlets. Consequently, the impugned order denying Cenvat credit on cascades was set aside, granting the appellant the right to claim consequential benefits in accordance with the law. en-us Mon, 16 Apr 2018 00:00:00 +0530 Fri, 20 Jul 2018 05:43:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363890 The Tribunal allowed the appeal, holding that the cascades used for storing and transporting Compressed Natural Gas (CNG) qualified as capital goods eligible for Cenvat credit under the Cenvat Credit Rules, 2004. The Tribunal found that CNG manufacturing was impossible without the cascades, which are crucial for both storing CNG and transporting it to daughter stations or retail outlets. Consequently, the impugned order denying Cenvat credit on cascades was set aside, granting the appellant the right to claim consequential benefits in accordance with the law. Case-Laws Central Excise Mon, 16 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363890