https://www.taxtmi.com/caselaws?id=432640 Steel racks used within the factory for storing material were held to have a direct nexus with manufacturing operations and raw material storage, so they qualified as goods used in the factory for business and manufacture. The Tribunal followed earlier decisions and the Board circular recognising similar items used within factory premises as eligible inputs, and held that Cenvat credit was admissible. The denial of credit was therefore not sustainable, and the assessee was entitled to the claimed benefit. en-us Thu, 05 Jan 2023 00:00:00 +0530 Wed, 11 Jan 2023 08:42:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432640 Steel racks used within the factory for storing material were held to have a direct nexus with manufacturing operations and raw material storage, so they qualified as goods used in the factory for business and manufacture. The Tribunal followed earlier decisions and the Board circular recognising similar items used within factory premises as eligible inputs, and held that Cenvat credit was admissible. The denial of credit was therefore not sustainable, and the assessee was entitled to the claimed benefit. Case-Laws Central Excise Thu, 05 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432640