Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2018 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (3) TMI 764 - AT - Central ExciseCENVAT credit - inputs/capital goods - HR Steel Plates used for fabricating storage tanks - Held that: - No credit is availed on these storage tanks which are fabricated inside the premises of the appellant-assessee. Storage tanks are specifically mentioned in the definition for capital goods under Rule 2(a) of the CCR 2004 - Even otherwise, the storage tanks are essential capital goods which are used by the manufacturer of excisable goods. HR Steel Plates are basic raw material for fabricating such storage tanks - credit on HR Steel Plates allowed - appeal allowed - decided in favor of appellant.
|