https://www.taxtmi.com/caselaws?id=758160 The High Court of Rajasthan set aside the Tribunal's orders and remitted the matter for fresh consideration, emphasizing the assessment of Cement and Steel Bars as either 'inputs' or 'capital goods' under CENVAT Credit Rules. The decision followed the Larger Bench ruling in M/s. Manglam Cement Ltd. vs. CCE, Jaipur-I, which allowed CENVAT Credit claims for materials used in laying foundations for 'Capital Goods'. The court clarified the eligibility criteria, resolving conflicting Tribunal decisions and rendering pending applications moot. This judgment provides guidance for future cases involving similar interpretations of CENVAT Credit eligibility. en-us Thu, 22 Aug 2024 00:00:00 +0530 Sat, 07 Sep 2024 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758160 The High Court of Rajasthan set aside the Tribunal's orders and remitted the matter for fresh consideration, emphasizing the assessment of Cement and Steel Bars as either 'inputs' or 'capital goods' under CENVAT Credit Rules. The decision followed the Larger Bench ruling in M/s. Manglam Cement Ltd. vs. CCE, Jaipur-I, which allowed CENVAT Credit claims for materials used in laying foundations for 'Capital Goods'. The court clarified the eligibility criteria, resolving conflicting Tribunal decisions and rendering pending applications moot. This judgment provides guidance for future cases involving similar interpretations of CENVAT Credit eligibility. Case-Laws Central Excise Thu, 22 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758160