https://www.taxtmi.com/caselaws?id=380517 The Tribunal held in favor of the appellant, allowing them to avail cenvat credit on duty paid for heavy duty racks used in their manufacturing factory. The Tribunal emphasized the integral role of the racks in the manufacturing process of final products, rejecting the Revenue's argument that the racks should be excluded from the definition of "Input." The demand raised against the appellant invoking a longer period of limitation was deemed invalid, considering the appellant's bonafide belief in availing the credit. Consequently, the Tribunal set aside the order and granted consequential benefits to the appellant. en-us Fri, 10 May 2019 00:00:00 +0530 Fri, 09 Sep 2022 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380517 The Tribunal held in favor of the appellant, allowing them to avail cenvat credit on duty paid for heavy duty racks used in their manufacturing factory. The Tribunal emphasized the integral role of the racks in the manufacturing process of final products, rejecting the Revenue's argument that the racks should be excluded from the definition of "Input." The demand raised against the appellant invoking a longer period of limitation was deemed invalid, considering the appellant's bonafide belief in availing the credit. Consequently, the Tribunal set aside the order and granted consequential benefits to the appellant. Case-Laws Central Excise Fri, 10 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380517