https://www.taxtmi.com/caselaws?id=278612 The Tribunal upheld the admissibility of input credit on steel items used for repair and maintenance of storage tanks, considering them integral to the manufacturing process. The appeal by the Revenue was dismissed as no substantial question of law arose, and the Tribunal's decision was based on factual findings supporting the eligibility of input credit. The judgment emphasized the importance of practical aspects in determining input credit eligibility, despite conflicting Board's Circular, reinforcing the significance of repair and maintenance activities in the manufacturing process. en-us Thu, 22 Jun 2017 00:00:00 +0530 Thu, 14 Feb 2019 06:16:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278612 The Tribunal upheld the admissibility of input credit on steel items used for repair and maintenance of storage tanks, considering them integral to the manufacturing process. The appeal by the Revenue was dismissed as no substantial question of law arose, and the Tribunal's decision was based on factual findings supporting the eligibility of input credit. The judgment emphasized the importance of practical aspects in determining input credit eligibility, despite conflicting Board's Circular, reinforcing the significance of repair and maintenance activities in the manufacturing process. Case-Laws Central Excise Thu, 22 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278612