https://www.taxtmi.com/caselaws?id=438567 The appeal was allowed as the factual verification report confirmed the steel items were used as inputs in manufacturing finished goods. Denying CENVAT credit for treating these items as capital goods was deemed unfounded, and the penalty imposed under section 11AC was invalidated. en-us Thu, 06 Apr 2023 00:00:00 +0530 Fri, 02 Jun 2023 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438567 The appeal was allowed as the factual verification report confirmed the steel items were used as inputs in manufacturing finished goods. Denying CENVAT credit for treating these items as capital goods was deemed unfounded, and the penalty imposed under section 11AC was invalidated. Case-Laws Central Excise Thu, 06 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438567