https://www.taxtmi.com/caselaws?id=442675 The Tribunal allowed the appellant's appeal regarding the entitlement of Cenvat credit on steel materials used in manufacturing barges for providing output services. It held that materials used for constructing or repairing equipment essential for providing taxable services qualify as inputs under Rule 2(k) of the Cenvat Credit Rules, 2004. The Tribunal dismissed the Revenue's appeal for penalty enhancement, as the demand itself was not sustained. The judgment reinforced the eligibility of materials used in constructing or repairing equipment for Cenvat credit purposes. en-us Tue, 05 Sep 2023 00:00:00 +0530 Tue, 05 Sep 2023 16:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442675 The Tribunal allowed the appellant's appeal regarding the entitlement of Cenvat credit on steel materials used in manufacturing barges for providing output services. It held that materials used for constructing or repairing equipment essential for providing taxable services qualify as inputs under Rule 2(k) of the Cenvat Credit Rules, 2004. The Tribunal dismissed the Revenue's appeal for penalty enhancement, as the demand itself was not sustained. The judgment reinforced the eligibility of materials used in constructing or repairing equipment for Cenvat credit purposes. Case-Laws Service Tax Tue, 05 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442675