Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2017 (4) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (4) TMI 1126 - AT - Central ExciseCENVAT credit - input - Raw Die Blocks and Inserts - department entertained a view that Raw Die Blocks and Inserts used to manufacture Dies which are in turn used in the production of final products is not eligible for credit for the reason that the appellants are availing exemption of duty on the intermediate goods namely Dies under N/N. 67/95-CE dt. 16.03.95 - Held that: - as per the Explanation-2 to the definition of "inputs", it can be seen that inputs include any goods which are further used in the manufacture of 'capital goods'. Appellants have availed the exemption notification treating the intermediate product as 'capital goods'. The credit has been availed on subject items treating them as inputs used in the manufacture of capital goods - credit allowed - decided in favor of appellant.
|