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2018 (1) TMI 411 - CESTAT AHMEDABADCENVAT credit - capital goods, namely, Welding Rods, Stretchable Basket, Loctite, Parts of Fluorescent Lamp, Vajra Adhesives, Nilkamal Plastic Crates, Pallete Containers, GP Sheets etc. - Held that: - issue covered by the decision in the case of AMBUJA CEMENTS EASTERN LTD. Versus COMMISSIONER OF C. EX., RAIPUR [2010 (4) TMI 429 - CHHAITISGARH HIGH COURT], where it was held that welding electrodes used in repair and maintenance of plant and machinery are inputs as defined under Rule 2(g) defined in the rule, and thus entitled for cenvat credit - credit allowed. CENVAT credit - compensation received from insurance company on the damaged inputs/ capital goods - Held that: - merely because compensation has been received from insurance company on the damaged inputs/ capital goods without any evidence on record that the same were not put to use, credit cannot be denied - credit allowed. Also, the credit on the old and used ball bearings cleared as scrap by the appellant, is eligible. Appeal allowed.
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