https://www.taxtmi.com/caselaws?id=422305 The Tribunal allowed the appeal and rejected the Revenue's appeal regarding the disallowance of CENVAT Credit on steel items used for erecting and commissioning a plant. The decision emphasized the non-retrospective nature of the amendment, supporting the assessee's entitlement to credit based on the "user test" principle and established legal interpretations. The judgment underscored the importance of legal principles in determining CENVAT Credit eligibility, ensuring fair treatment and adherence to legal standards in tax matters. en-us Tue, 10 May 2022 00:00:00 +0530 Fri, 13 May 2022 07:49:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422305 The Tribunal allowed the appeal and rejected the Revenue's appeal regarding the disallowance of CENVAT Credit on steel items used for erecting and commissioning a plant. The decision emphasized the non-retrospective nature of the amendment, supporting the assessee's entitlement to credit based on the "user test" principle and established legal interpretations. The judgment underscored the importance of legal principles in determining CENVAT Credit eligibility, ensuring fair treatment and adherence to legal standards in tax matters. Case-Laws Central Excise Tue, 10 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422305