https://www.taxtmi.com/caselaws?id=369506 A lessee of capital goods was entitled to take CENVAT credit where the goods were received under a leave and licence arrangement and the prescribed procedure was followed. The tribunal relied on prior decisions, a binding jurisdictional precedent on identical facts, and a clarificatory Board communication supporting credit on dies, moulds and transferred capital goods. In the absence of any contrary authority, the departmental challenge to denial of credit was rejected and the first appellate order allowing credit was left undisturbed. en-us Fri, 26 Oct 2018 00:00:00 +0530 Tue, 30 Oct 2018 10:01:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369506 A lessee of capital goods was entitled to take CENVAT credit where the goods were received under a leave and licence arrangement and the prescribed procedure was followed. The tribunal relied on prior decisions, a binding jurisdictional precedent on identical facts, and a clarificatory Board communication supporting credit on dies, moulds and transferred capital goods. In the absence of any contrary authority, the departmental challenge to denial of credit was rejected and the first appellate order allowing credit was left undisturbed. Case-Laws Central Excise Fri, 26 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369506