https://www.taxtmi.com/caselaws?id=432641 The Appellate Tribunal CESTAT Ahmedabad partially allowed the appeal by M/s. Yamir Packaging Pvt. Limited regarding the reversal of Cenvat credit on wooden dies, aluminum litho plates, and rubber blanket. The Tribunal emphasized the subjective nature of goods as capital goods or inputs, remanding the matter for further analysis on the classification. The Tribunal directed the Adjudicating Authority to calculate the interest amount for the disputed period and set aside the penalty considering the appellant's willingness to address the excess credit issue. en-us Fri, 06 Jan 2023 00:00:00 +0530 Wed, 11 Jan 2023 08:42:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432641 The Appellate Tribunal CESTAT Ahmedabad partially allowed the appeal by M/s. Yamir Packaging Pvt. Limited regarding the reversal of Cenvat credit on wooden dies, aluminum litho plates, and rubber blanket. The Tribunal emphasized the subjective nature of goods as capital goods or inputs, remanding the matter for further analysis on the classification. The Tribunal directed the Adjudicating Authority to calculate the interest amount for the disputed period and set aside the penalty considering the appellant's willingness to address the excess credit issue. Case-Laws Central Excise Fri, 06 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432641