https://www.taxtmi.com/caselaws?id=291796 Cenvat credit on the capital goods was held admissible because the dispute was already covered by the Tribunal's earlier decision in the assessee's connected matter, which had followed binding High Court precedent on similar facts. With no separate surviving basis to sustain the demand, the consequential penalty and denial of credit also failed. The issue was decided in favour of the assessee, and the appeal was allowed; the impugned demand and penalties did not survive. en-us Wed, 15 Jan 2020 00:00:00 +0530 Tue, 24 Nov 2020 20:21:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291796 Cenvat credit on the capital goods was held admissible because the dispute was already covered by the Tribunal's earlier decision in the assessee's connected matter, which had followed binding High Court precedent on similar facts. With no separate surviving basis to sustain the demand, the consequential penalty and denial of credit also failed. The issue was decided in favour of the assessee, and the appeal was allowed; the impugned demand and penalties did not survive. Case-Laws Central Excise Wed, 15 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291796