https://www.taxtmi.com/caselaws?id=438874 Unexplained stock shortage of pig iron supported duty, interest and penalty, as the discrepancy was detected on verification and no satisfactory explanation was offered. CENVAT credit was allowed on angles, channels, beams and joists used to manufacture capital goods for the factory's pollution control system, because inputs used in making capital goods employed in the factory fell within the credit scheme. Credit was also allowed on welding electrodes and MIG wires used for repair and maintenance of machinery, and on iron ore fines where receipt, duty-paid nature and use in production were not rebutted by contrary evidence. en-us Mon, 29 May 2023 00:00:00 +0530 Fri, 09 Jun 2023 17:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438874 Unexplained stock shortage of pig iron supported duty, interest and penalty, as the discrepancy was detected on verification and no satisfactory explanation was offered. CENVAT credit was allowed on angles, channels, beams and joists used to manufacture capital goods for the factory's pollution control system, because inputs used in making capital goods employed in the factory fell within the credit scheme. Credit was also allowed on welding electrodes and MIG wires used for repair and maintenance of machinery, and on iron ore fines where receipt, duty-paid nature and use in production were not rebutted by contrary evidence. Case-Laws Central Excise Mon, 29 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438874