https://www.taxtmi.com/caselaws?id=786039 CENVAT credit on capital goods is governed by the date when the goods became usable for providing the taxable service rather than mere date of receipt. Applying Rule 3 of the CENVAT Credit Rules, 2004, the tribunal found that separately purchased chassis and mixers lacked independent utility until mounted, calibrated and certified; commissioning reports established operational use only after the taxable service 'supply of tangible goods for use' took effect on 16.05.2008. Consequently, credit availed in June 2008 was lawful, the assessment denying credit was set aside, and related demand for interest and penalty fell away. en-us Fri, 30 Jan 2026 00:00:00 +0530 Thu, 05 Feb 2026 09:16:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786039 CENVAT credit on capital goods is governed by the date when the goods became usable for providing the taxable service rather than mere date of receipt. Applying Rule 3 of the CENVAT Credit Rules, 2004, the tribunal found that separately purchased chassis and mixers lacked independent utility until mounted, calibrated and certified; commissioning reports established operational use only after the taxable service 'supply of tangible goods for use' took effect on 16.05.2008. Consequently, credit availed in June 2008 was lawful, the assessment denying credit was set aside, and related demand for interest and penalty fell away. Case-Laws Service Tax Fri, 30 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786039