https://www.taxtmi.com/caselaws?id=445783 CESTAT Kolkata ruled in favor of the appellant regarding CENVAT credit eligibility for steel items including angles, channels, beams, joists, sheets, plates, and coils. Following the precedent set by Chhattisgarh HC in Vandana Global Limited case, the tribunal held that steel items used for fabricating capital goods or inputs qualify for CENVAT credit under Rule 2(l)/2(k) of CENVAT Credit Rules, 2004. The demand for duty recovery was deemed unsustainable, and penalty imposition was rejected. Appeal allowed. en-us Mon, 06 Nov 2023 00:00:00 +0530 Mon, 20 Nov 2023 08:26:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445783 CESTAT Kolkata ruled in favor of the appellant regarding CENVAT credit eligibility for steel items including angles, channels, beams, joists, sheets, plates, and coils. Following the precedent set by Chhattisgarh HC in Vandana Global Limited case, the tribunal held that steel items used for fabricating capital goods or inputs qualify for CENVAT credit under Rule 2(l)/2(k) of CENVAT Credit Rules, 2004. The demand for duty recovery was deemed unsustainable, and penalty imposition was rejected. Appeal allowed. Case-Laws Central Excise Mon, 06 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445783