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2012 (11) TMI 200 - AT - Central ExciseCenvat credit - MS Plates, Beams, Angles, Channels are used of fabrication of supporting structures in the sugar mill - Held that:- Cenvat credit in respect of these items used for fabrication of supporting structures is not admissible as Cenvat credit to the assessee Penalty under Section 11AC - prior to the issue of the Vandana Global decision, there were decisions in favour of the respondents under which the Cenvat credit on the inputs was admissible to the respondent and some of these decisions were relied upon by the C.C.E. (Appeals) in the impugned order - since the matter pertained to interpretation of the Cenvat Credit Rules, there is no reason for imposition of penalty even in respect of MS Plates, Beams, Angles, Channels used for fabrication of supporting - Revenue appeal in respect of imposition of penalty is rejected
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