https://www.taxtmi.com/caselaws?id=763780 The CESTAT Chandigarh dismissed Revenue's appeal challenging CENVAT credit on bought-out items. The Commissioner correctly held that inputs received in the factory qualify for credit regardless of manufacturing activity performed on them. Applying the SC precedent in Mehra Brothers, the Commissioner found disputed items qualified as parts or accessories based on their function as adjuncts or accompaniments to vehicles. Revenue's attempt to raise new grounds regarding inclusion of accessory values in assessable value was rejected as beyond the scope of original show cause notice. The Department's acceptance of subsequent period assessments precluded contrary arguments for the disputed period. en-us Tue, 24 Dec 2024 00:00:00 +0530 Fri, 27 Dec 2024 18:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763780 The CESTAT Chandigarh dismissed Revenue's appeal challenging CENVAT credit on bought-out items. The Commissioner correctly held that inputs received in the factory qualify for credit regardless of manufacturing activity performed on them. Applying the SC precedent in Mehra Brothers, the Commissioner found disputed items qualified as parts or accessories based on their function as adjuncts or accompaniments to vehicles. Revenue's attempt to raise new grounds regarding inclusion of accessory values in assessable value was rejected as beyond the scope of original show cause notice. The Department's acceptance of subsequent period assessments precluded contrary arguments for the disputed period. Case-Laws Central Excise Tue, 24 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763780