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2022 (9) TMI 851 - Central Excise
CENVAT Credit - capital goods - MS Plates used in fabrication of Plant and Machinery - period October, 2009 to March, 2010 - HELD THAT:- It is held that the Larger Bench ruling of this Tribunal has been set aside and reversed by the Hon’ble Chhattisgarh High Court in the appeal by M/S VANDANA GLOBAL LIMITED AND OTHERS VERSUS COMMISSIONER, CENTRAL EXCISE AND CUSTOMS, CENTRAL EXCISE [2018 (5) TMI 305 - CHHATTISGARH, HIGH COURT], wherein, it has been held that Cenvat credit of service tax on inputs like MS Angles/ beams/ bars/ plates, etc., which go into fabrication of structures embedded to earth are to be treated as inputs used in relation to the final products, as inputs or capital goods.
The appellant have rightly taken Cenvat credit on the inputs, capital goods and input services in question - Appeal dismissed - decided against Revenue.