https://www.taxtmi.com/caselaws?id=418200 The Tribunal remanded the case concerning the denial of cenvat credit on capital goods used for a Captive Power Plant, emphasizing the applicability of precedents and the user test principle. The penalty was set aside due to the interpretational nature of the issue, leading to the partial allowance of the appeal. The matter was remanded for reconsideration based on established legal principles, highlighting the importance of assessing eligibility for cenvat credit on such capital goods and the treatment of penalties in cases lacking intentional duty evasion. en-us Thu, 10 Feb 2022 00:00:00 +0530 Fri, 11 Feb 2022 07:19:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418200 The Tribunal remanded the case concerning the denial of cenvat credit on capital goods used for a Captive Power Plant, emphasizing the applicability of precedents and the user test principle. The penalty was set aside due to the interpretational nature of the issue, leading to the partial allowance of the appeal. The matter was remanded for reconsideration based on established legal principles, highlighting the importance of assessing eligibility for cenvat credit on such capital goods and the treatment of penalties in cases lacking intentional duty evasion. Case-Laws Central Excise Thu, 10 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418200