CENVAT Credit Denied for Tyres in Non-Dumper Mining Vehicles; Not Considered Capital Goods Under Tax Rules.

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....CENVAT credit - tyres used in RBO (material handling equipment) for mining operations - these vehicles are not meant to be used for movement of materials in the mines. Such goods cannot be covered under capital goods since they are in the nature of motor vehicle other than dumper and dipper - tyres of such vehicle can also not be allowed for availing cenvat credit. - AT....