https://www.taxtmi.com/caselaws?id=280197 The Tribunal ruled in favor of the appellant, setting aside the order disallowing CENVAT Credit on capital goods leased by another company. The appellant was deemed entitled to the credit for duty paid on the capital goods, emphasizing that ownership or acquisition from a financing agency was not necessary for availing the credit. The judgment aligned with established legal principles and precedents in similar cases, allowing the appeal and granting the appellant the CENVAT Credit. en-us Thu, 12 Jul 2018 00:00:00 +0530 Thu, 25 Apr 2019 06:27:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280197 The Tribunal ruled in favor of the appellant, setting aside the order disallowing CENVAT Credit on capital goods leased by another company. The appellant was deemed entitled to the credit for duty paid on the capital goods, emphasizing that ownership or acquisition from a financing agency was not necessary for availing the credit. The judgment aligned with established legal principles and precedents in similar cases, allowing the appeal and granting the appellant the CENVAT Credit. Case-Laws Central Excise Thu, 12 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280197