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 535 - AT - Central ExciseCENVAT credit - SS Plates, Sheets, Coils etc. used for fabrication of various vessels and tanks which are further put to use in the factory premises - denial on account of nexus - Held that: - all goods which are used in the factory by the manufacturer of final products are eligible for availment of CENVAT credit - the provisions of Rule 2(k) of CENVAT Credit Rules are very clear, the denial of CENVAT credit to appellant on SS Plates, Sheets and Coils is totally negating the spirit of CENVAT credit on the inputs used in the factory premises of the assessee. Credit allowed - appeal allowed - decided in favor of appellant.
|