https://www.taxtmi.com/caselaws?id=445271 CESTAT Mumbai allowed appeal partially regarding CENVAT credit denial on unfinished MS pipes and structural goods. Tribunal held that credit on MS pipes worth Rs. 39,73,256 was validly available as duty was paid after processing, and authorities cannot dispute such credit. However, credit claim on angles, beams and channels as capital goods was rejected since supporting cranes were not yet procured, making structural support claim untenable. Credit of Rs. 14,55,597 already reversed before notice issuance made proceedings under rule 14 unnecessary. Recovery of Rs. 39,73,256 and penalty set aside. en-us Wed, 01 Nov 2023 00:00:00 +0530 Sat, 04 Nov 2023 09:13:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445271 CESTAT Mumbai allowed appeal partially regarding CENVAT credit denial on unfinished MS pipes and structural goods. Tribunal held that credit on MS pipes worth Rs. 39,73,256 was validly available as duty was paid after processing, and authorities cannot dispute such credit. However, credit claim on angles, beams and channels as capital goods was rejected since supporting cranes were not yet procured, making structural support claim untenable. Credit of Rs. 14,55,597 already reversed before notice issuance made proceedings under rule 14 unnecessary. Recovery of Rs. 39,73,256 and penalty set aside. Case-Laws Central Excise Wed, 01 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445271