https://www.taxtmi.com/caselaws?id=33790 Cenvat credit was admissible on plain plates, angles, beams, channels, plates and similar structural items when they were used to fabricate capital goods such as hoppers, conveyor galleries, trusses, platforms, kiln-related structures and pollution control equipment, because Explanation 2 to Rule 2 of the Cenvat Credit Rules, 2002 treats goods used in the manufacture of capital goods further used in the factory as eligible inputs. Credit on welding electrodes was not allowable under the settled Larger Bench view that they are neither inputs nor capital goods. Penalty was not sustainable because the structural-item credit was correctly taken and the welding-electrode dispute was a contested one. en-us Tue, 20 Nov 2007 00:00:00 +0530 Fri, 12 Jun 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33790 Cenvat credit was admissible on plain plates, angles, beams, channels, plates and similar structural items when they were used to fabricate capital goods such as hoppers, conveyor galleries, trusses, platforms, kiln-related structures and pollution control equipment, because Explanation 2 to Rule 2 of the Cenvat Credit Rules, 2002 treats goods used in the manufacture of capital goods further used in the factory as eligible inputs. Credit on welding electrodes was not allowable under the settled Larger Bench view that they are neither inputs nor capital goods. Penalty was not sustainable because the structural-item credit was correctly taken and the welding-electrode dispute was a contested one. Case-Laws Central Excise Tue, 20 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33790