https://www.taxtmi.com/caselaws?id=382559 The Tribunal allowed the appeal of a coalfields company regarding the disallowance of CENVAT credit on inputs, specifically MS plates used in repair and maintenance of Heavy Earth Moving Machinery in coal mines. The Tribunal held that the MS plates qualified as inputs under the CENVAT Credit Rules, emphasizing their essential role in mining activities. Relying on precedents and a CBEC Circular, the Tribunal ruled in favor of the appellant, setting aside the demand for duty, interest, and penalties. The judgment recognized the direct nexus between the use of MS plates and coal production, affirming the right to avail CENVAT credit on such essential goods. en-us Wed, 03 Jul 2019 00:00:00 +0530 Sat, 06 Jul 2019 07:37:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382559 The Tribunal allowed the appeal of a coalfields company regarding the disallowance of CENVAT credit on inputs, specifically MS plates used in repair and maintenance of Heavy Earth Moving Machinery in coal mines. The Tribunal held that the MS plates qualified as inputs under the CENVAT Credit Rules, emphasizing their essential role in mining activities. Relying on precedents and a CBEC Circular, the Tribunal ruled in favor of the appellant, setting aside the demand for duty, interest, and penalties. The judgment recognized the direct nexus between the use of MS plates and coal production, affirming the right to avail CENVAT credit on such essential goods. Case-Laws Central Excise Wed, 03 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382559