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2014 (1) TMI 325 - AT - Central ExciseEligibility for cenvat credit - MS angles, beams, TMT bars, channels used for the fabrication of capital goods and structures in the factory premises - Waiver of Pre-deposit – Held that:- The appellant has made out a prima facie case for the waiver of the pre-deposit of the amounts involved only on the ground of limitation as during the relevant period i.e. March 2006 to April 2009 - an assessee is eligible to avail cenvat credit on MS angles, beams, channels etc. if they are used in the factory for fabrication of machinery – Following Vandana Global Versus CCE [2010 (4) TMI 133 - CESTAT, NEW DELHI (LB) ] - there can be bonafide belief of the appellant for availing the cenvat credit – Pre-deposits waived till the disposal – Stay granted.
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