https://www.taxtmi.com/caselaws?id=440115 Oxygen gas and acetylene gas used for repairs and maintenance of plant and machinery were held eligible for CENVAT credit as capital goods under Rule 2(a)(A)(iii) of the CENVAT Credit Rules, 2004. The Rajasthan HC applied an earlier Division Bench view that goods used in a process integrally connected with manufacture, and necessary for effectively carrying on manufacturing activity, fall within the scope of capital goods for credit purposes. On that settled principle, the Court found no basis to deny credit for gases used in maintenance and answered the issue in favour of the assessee. en-us Fri, 07 Jul 2023 00:00:00 +0530 Mon, 10 Jul 2023 11:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440115 Oxygen gas and acetylene gas used for repairs and maintenance of plant and machinery were held eligible for CENVAT credit as capital goods under Rule 2(a)(A)(iii) of the CENVAT Credit Rules, 2004. The Rajasthan HC applied an earlier Division Bench view that goods used in a process integrally connected with manufacture, and necessary for effectively carrying on manufacturing activity, fall within the scope of capital goods for credit purposes. On that settled principle, the Court found no basis to deny credit for gases used in maintenance and answered the issue in favour of the assessee. Case-Laws Central Excise Fri, 07 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440115