https://www.taxtmi.com/caselaws?id=769183 CENVAT credit on capital goods separately procured by the manufacturer and later handed to a contractor only for erection and commissioning remained admissible because the goods became the assessee's property on receipt and were ultimately used in manufacture. The contractor's choice of the composition scheme under works contract service did not change the character of the goods in the assessee's hands or justify denial of credit. Once the credit was admissible, the related penalties on the assessee and co-appellant also could not survive, and both the denial and penalties were set aside. en-us Fri, 22 Nov 2024 00:00:00 +0530 Mon, 21 Apr 2025 08:42:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769183 CENVAT credit on capital goods separately procured by the manufacturer and later handed to a contractor only for erection and commissioning remained admissible because the goods became the assessee's property on receipt and were ultimately used in manufacture. The contractor's choice of the composition scheme under works contract service did not change the character of the goods in the assessee's hands or justify denial of credit. Once the credit was admissible, the related penalties on the assessee and co-appellant also could not survive, and both the denial and penalties were set aside. Case-Laws Central Excise Fri, 22 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769183