2015 (10) TMI 1162

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....atra, Learned Representative Per : Mr.P.K. Das, The appellants were engaged in the Manufacture of Material Handling Equipments classifiable under Chapter No 84 of the Schedule to the Central Excise Tariff Act 1985. They received machineries and availed cenvat credit to the tune of Rs. 65,16,704/- which includes cenvat credit of Rs. 1,51,715/- availed on the machinery damaged during the trans....

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.... final products. A portion of the parts was replaced cannot be reason for denial of the proportionate cenvat credit on the entire machine which was used in the manufacture of final product, as per provision of Cenvat Credit Rules. The main contention of the Learned Authorized Representative for the Revenue is that they have availed insurance claim in respect of the damaged parts. There is no mater....