https://www.taxtmi.com/caselaws?id=761017 CESTAT Bangalore ruled on CENVAT credit eligibility for capital goods including copper bars, MS rods, sheets, channels, and flats used in factory fabrication. For period before 07.07.2009, credit was admissible based on established precedents. Post-07.07.2009, Notification No.16/2009-CE(NT) specifically excluded such items from input definition, making credit inadmissible until April 2011. Extended limitation period was rejected, demand limited to normal period. No penalty imposed. Matter remanded to adjudicating authority for recalculation of post-2009 demand. Appeal allowed by way of remand. en-us Mon, 21 Oct 2024 00:00:00 +0530 Mon, 04 Nov 2024 08:12:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761017 CESTAT Bangalore ruled on CENVAT credit eligibility for capital goods including copper bars, MS rods, sheets, channels, and flats used in factory fabrication. For period before 07.07.2009, credit was admissible based on established precedents. Post-07.07.2009, Notification No.16/2009-CE(NT) specifically excluded such items from input definition, making credit inadmissible until April 2011. Extended limitation period was rejected, demand limited to normal period. No penalty imposed. Matter remanded to adjudicating authority for recalculation of post-2009 demand. Appeal allowed by way of remand. Case-Laws Central Excise Mon, 21 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761017