https://www.taxtmi.com/caselaws?id=466379 Cenvat credit was held allowable for machinery, components and spares used to construct a neutralization/pollution control plant because such equipment falls within the definition of capital goods under the Cenvat Credit Rules; immovability upon assembly is not a disqualifying condition for credit. The extended limitation period could not be invoked as there was no finding of fraud, collusion, wilful misstatement or suppression with intent to evade duty, so the demand was time-barred. Consequently, related interest and penalties were overturned and the impugned demand was set aside with consequential relief as per law. en-us Thu, 23 Jan 2025 00:00:00 +0530 Wed, 04 Feb 2026 19:00:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466379 Cenvat credit was held allowable for machinery, components and spares used to construct a neutralization/pollution control plant because such equipment falls within the definition of capital goods under the Cenvat Credit Rules; immovability upon assembly is not a disqualifying condition for credit. The extended limitation period could not be invoked as there was no finding of fraud, collusion, wilful misstatement or suppression with intent to evade duty, so the demand was time-barred. Consequently, related interest and penalties were overturned and the impugned demand was set aside with consequential relief as per law. Case-Laws Central Excise Thu, 23 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466379