https://www.taxtmi.com/caselaws?id=442252 The Tribunal set aside the order denying CENVAT Credit on steel items used for support structures for capital goods, finding the denial unsustainable. The Department's invocation of the extended limitation period was rejected due to legal complexity and absence of mala fide intention by the Appellant. The Tribunal held that the 2009 amendment excluding certain items from the definition of "input" was not retrospective. Rulings of various High Courts were cited against the retrospective applicability. The reliance on Vandana Global as clarificatory and retrospective was disputed, with the Tribunal deeming the amendment prospective. Circulars issued in 2012 were deemed irrelevant to the disputed period. The appeal was allowed with consequential benefits. en-us Wed, 23 Aug 2023 00:00:00 +0530 Sat, 26 Aug 2023 11:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442252 The Tribunal set aside the order denying CENVAT Credit on steel items used for support structures for capital goods, finding the denial unsustainable. The Department's invocation of the extended limitation period was rejected due to legal complexity and absence of mala fide intention by the Appellant. The Tribunal held that the 2009 amendment excluding certain items from the definition of "input" was not retrospective. Rulings of various High Courts were cited against the retrospective applicability. The reliance on Vandana Global as clarificatory and retrospective was disputed, with the Tribunal deeming the amendment prospective. Circulars issued in 2012 were deemed irrelevant to the disputed period. The appeal was allowed with consequential benefits. Case-Laws Central Excise Wed, 23 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442252