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2017 (7) TMI 12 - AT - Central ExciseCENVAT credit - cement and TMT bars used for construction of water tank /storage tank - denial on the ground that storage tank made out of cement and steel, is immovable in nature - Held that: - the Hon’ble Karnataka High Court in the case of SLR Steels Ltd. [2012 (9) TMI 169 - KARNATAKA HIGH COURT] have held that storage tank is specified as capital goods in the definition provided in Rule 2 (a) (A) (vii) of the Cenvat Credit Rules, 2004, and thus, steel and cement, used in the manufacture of the eligible capital goods i.e. storage tank, should merit consideration as input for the purpose of availment of cenvat credit, on the duties paid thereon - appeal allowed - decided in favor of appellant.
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