https://www.taxtmi.com/caselaws?id=367919 The Tribunal allowed the appeal, holding that the denial of CENVAT credit on steel items used for fabricating storage tanks for palm oil was incorrect. Citing a relevant decision by the High Court of Madras, the Tribunal determined that such items qualify for credit under the CENVAT Credit Rules. The impugned order disallowing the credit was set aside, and the appellant was granted relief accordingly. The case revolved around the interpretation of the rules governing credit eligibility for steel items in constructing palm oil storage tanks, with the Tribunal emphasizing the permissibility of credit based on legal precedents. en-us Fri, 17 Aug 2018 00:00:00 +0530 Fri, 28 Sep 2018 09:11:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367919 The Tribunal allowed the appeal, holding that the denial of CENVAT credit on steel items used for fabricating storage tanks for palm oil was incorrect. Citing a relevant decision by the High Court of Madras, the Tribunal determined that such items qualify for credit under the CENVAT Credit Rules. The impugned order disallowing the credit was set aside, and the appellant was granted relief accordingly. The case revolved around the interpretation of the rules governing credit eligibility for steel items in constructing palm oil storage tanks, with the Tribunal emphasizing the permissibility of credit based on legal precedents. Case-Laws Central Excise Fri, 17 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367919