https://www.taxtmi.com/caselaws?id=751442 The CESTAT Bangalore allowed the appeal regarding CENVAT credit eligibility on capital goods used in plant fabrication/erection under Phase III expansion project. The Revenue had denied credit claiming items became immovable after installation, making them non-excisable. The Tribunal held that items qualifying as capital goods under Rule 2(a) of CENVAT Credit Rules, 2004 and used in the manufacturer's factory are eligible for credit regardless of whether they become immovable after installation. The decision followed precedents from Chandigarh Bench and Karnataka HC, emphasizing that credit availability depends on items being "used in factory" rather than "used in manufacture." en-us Mon, 08 Apr 2024 00:00:00 +0530 Wed, 17 Apr 2024 08:28:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751442 The CESTAT Bangalore allowed the appeal regarding CENVAT credit eligibility on capital goods used in plant fabrication/erection under Phase III expansion project. The Revenue had denied credit claiming items became immovable after installation, making them non-excisable. The Tribunal held that items qualifying as capital goods under Rule 2(a) of CENVAT Credit Rules, 2004 and used in the manufacturer's factory are eligible for credit regardless of whether they become immovable after installation. The decision followed precedents from Chandigarh Bench and Karnataka HC, emphasizing that credit availability depends on items being "used in factory" rather than "used in manufacture." Case-Laws Central Excise Mon, 08 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751442