https://www.taxtmi.com/caselaws?id=409458 The Tribunal allowed the appellant's appeal regarding the eligibility of CENVAT credit on plastic buckets and containers, emphasizing the broad interpretation of the term "input" under Rule 2(k) of CCR 2004. Referring to precedents like Manik Machinery Manufacturers Pvt. Ltd. and Cadbury India Ltd., the Tribunal held that the items qualified as inputs since their value was absorbed in the final product's sales value. The Tribunal set aside the Commissioner(Appeals)'s denial of credit, deeming it unsustainable. en-us Wed, 07 Jul 2021 00:00:00 +0530 Thu, 08 Jul 2021 08:46:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409458 The Tribunal allowed the appellant's appeal regarding the eligibility of CENVAT credit on plastic buckets and containers, emphasizing the broad interpretation of the term "input" under Rule 2(k) of CCR 2004. Referring to precedents like Manik Machinery Manufacturers Pvt. Ltd. and Cadbury India Ltd., the Tribunal held that the items qualified as inputs since their value was absorbed in the final product's sales value. The Tribunal set aside the Commissioner(Appeals)'s denial of credit, deeming it unsustainable. Case-Laws Central Excise Wed, 07 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409458