https://www.taxtmi.com/caselaws?id=779381 For the period before 07.07.2009, TMT bars, MS channels, MS beams and similar steel items used to construct factory, jetty and support structures for capital goods were eligible for CENVAT credit under Rule 2(k) of the CENVAT Credit Rules, 2004. The later exclusion for cement, angles, channels, CTD/TMT bars and similar items used in factory shed, building, foundation or support structures was held to operate prospectively, not retrospectively. Credit on the disputed steel items was therefore admissible for the pre-amendment period, and the related personal penalty could not survive. en-us Wed, 01 Oct 2025 00:00:00 +0530 Mon, 06 Oct 2025 09:10:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779381 For the period before 07.07.2009, TMT bars, MS channels, MS beams and similar steel items used to construct factory, jetty and support structures for capital goods were eligible for CENVAT credit under Rule 2(k) of the CENVAT Credit Rules, 2004. The later exclusion for cement, angles, channels, CTD/TMT bars and similar items used in factory shed, building, foundation or support structures was held to operate prospectively, not retrospectively. Credit on the disputed steel items was therefore admissible for the pre-amendment period, and the related personal penalty could not survive. Case-Laws Central Excise Wed, 01 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779381