https://www.taxtmi.com/caselaws?id=33775 Duty-paid steel plates and sheets used to fabricate clinker silos were eligible for Cenvat credit because the materials were used in the manufacture of capital goods further used in the factory. Storage tanks fall within the definition of capital goods, and Explanation 2 to Rule 2(k) treats inputs used to manufacture such capital goods as eligible inputs. The fact that the fabricated silos were said to be immovable or non-excisable was held irrelevant to the credit entitlement. On that basis, denial of Cenvat credit on the steel inputs was unsustainable. en-us Mon, 13 Oct 2008 00:00:00 +0530 Thu, 11 Jun 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33775 Duty-paid steel plates and sheets used to fabricate clinker silos were eligible for Cenvat credit because the materials were used in the manufacture of capital goods further used in the factory. Storage tanks fall within the definition of capital goods, and Explanation 2 to Rule 2(k) treats inputs used to manufacture such capital goods as eligible inputs. The fact that the fabricated silos were said to be immovable or non-excisable was held irrelevant to the credit entitlement. On that basis, denial of Cenvat credit on the steel inputs was unsustainable. Case-Laws Central Excise Mon, 13 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33775