https://www.taxtmi.com/caselaws?id=377347 Cenvat credit was held admissible on MS angles, MS plates, MS channels and similar items used to fabricate and erect capital goods such as a furnace, chimney and gasifier for manufacture of the final product. The tribunal applied the user test and followed jurisdictional High Court rulings recognising that goods with a direct functional nexus to fabrication of capital goods and machinery qualify for credit. It also noted that the larger bench decision relied on by the department had subsequently been treated as no longer good law. Denial of credit was therefore unsustainable. en-us Tue, 08 Jan 2019 00:00:00 +0530 Thu, 28 Mar 2019 06:59:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377347 Cenvat credit was held admissible on MS angles, MS plates, MS channels and similar items used to fabricate and erect capital goods such as a furnace, chimney and gasifier for manufacture of the final product. The tribunal applied the user test and followed jurisdictional High Court rulings recognising that goods with a direct functional nexus to fabrication of capital goods and machinery qualify for credit. It also noted that the larger bench decision relied on by the department had subsequently been treated as no longer good law. Denial of credit was therefore unsustainable. Case-Laws Central Excise Tue, 08 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377347