Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2018 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (5) TMI 1559 - AT - Central ExciseCENVAT credit - ‘Dry ice Vehicle’ falling under Chapter 8716/8701 of CETA, 1985 - credit availed in July/August 2015 on invoices issued during the period from 2009 to 2015 - Held that: - A plain reading of the definition of capital goods reveals that the goods should be used in the factory premises whereas in the present case, the motor vehicles are used by the appellant for delivering the finished goods to their customers, hence, cannot be said to be eligible to the credit of excise duty paid on such vehicles - the appellant has not rebutted the findings of the authorities below that on the disputed capital goods, they had availed the benefit of depreciation under Section 32 of the Income Tax Act, 1961 - credit not allowed - appeal dismissed - decided against appellant.
|