https://www.taxtmi.com/caselaws?id=778129 CESTAT CHENNAI - AT allowed the appeal, holding that dunnage/pallets used to lift, transport and store steel billets and rounds qualify as accessories/capital goods under Rule 2(a)(A) of the CENVAT Credit Rules, 2004 and are used "in relation to" manufacture. Relying on the Banco Products principle, the Tribunal found the credit claim legitimate, rejected allegations of excess credit as unsubstantiated, and set aside the impugned demand for duty, interest and penalty. en-us Wed, 10 Sep 2025 00:00:00 +0530 Wed, 10 Sep 2025 18:08:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778129 CESTAT CHENNAI - AT allowed the appeal, holding that dunnage/pallets used to lift, transport and store steel billets and rounds qualify as accessories/capital goods under Rule 2(a)(A) of the CENVAT Credit Rules, 2004 and are used "in relation to" manufacture. Relying on the Banco Products principle, the Tribunal found the credit claim legitimate, rejected allegations of excess credit as unsubstantiated, and set aside the impugned demand for duty, interest and penalty. Case-Laws Central Excise Wed, 10 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778129