https://www.taxtmi.com/caselaws?id=372762 The Tribunal allowed the appellant's appeal regarding the availment of Cenvat Credit on TMT Steel and PP Cement as capital goods, overturning the department's denial of the benefit. The Tribunal considered precedents and interpretations, including the recent decision in Mangalam Cement Ltd., and deemed the disputed goods essential for the manufacturing process, qualifying for Cenvat benefit. The retrospective applicability of the definition of input was also examined, leading to the conclusion that the benefit should not be withheld for the disputed period from April 2006 to December 2007. en-us Mon, 24 Dec 2018 00:00:00 +0530 Sat, 29 Dec 2018 06:53:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372762 The Tribunal allowed the appellant's appeal regarding the availment of Cenvat Credit on TMT Steel and PP Cement as capital goods, overturning the department's denial of the benefit. The Tribunal considered precedents and interpretations, including the recent decision in Mangalam Cement Ltd., and deemed the disputed goods essential for the manufacturing process, qualifying for Cenvat benefit. The retrospective applicability of the definition of input was also examined, leading to the conclusion that the benefit should not be withheld for the disputed period from April 2006 to December 2007. Case-Laws Central Excise Mon, 24 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372762