Feedback   New User   Login      
Tax Management India. Com TMI - Tax Management India. Com
Home Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Case Laws Manuals Short Notes Articles News Highlights
Extracts
Home List
← Previous Next →

M/s Facor Alloys Ltd. Versus The Commissioner C&CE, Guntur

2016 (12) TMI 645 - CESTAT HYDERABAD

Disallowance of credit on capital goods - Conveyor Belt - Circular Bottom Plate - Rubber goods - Steel wire ropes - Wire woven Mesh - during the period February, 2010 to March, 2010 - Held that: - the definition of capital goods includes spare/ components/accessories of capital goods specified under chapter 82, 84,85 or 90 of Central Excise Tariff Act, 1985 - it is revealed that the subject goods are spares parts of capital goods which are used in the manufacturing activity by the appellant. Fur .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

of the fact that the appellant has been allowed credit for the earlier periods, I hold that the demand is unsustainable. The impugned order is set aside - appeal allowed - decided in favor of assessee. - E/200/2012 - Final Order No. A/31058/2016 - Dated:- 7-10-2016 - Ms. Sulekha Beevi, C.S., Member (Judicial) Ms A.S.K.Swetha, Advocate for the Appellant. Shri P.S.Reddy, AR for the Respondent. ORDER The appellant is aggrieved by the disallowance of credit on capital goods availed during the period .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

the Commissioner(Appeals) upheld the same. Hence this appeal. 3. On behalf of the appellant the Ld. counsel Ms A.S.K.Swetha submitted that the goods on which credit was taken would fall within the definition of capital goods as these goods are spares /components /accessories of capital goods. She submitted that original authority denied the credit for the reasons that the appellant did not furnish the details of usage of subject goods and as to the purpose as to which capital goods/machinery eac .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

s. 6. The definition of capital goods includes spare/ components/accessories of capital goods specified under chapter 82, 84,85 or 90 of Central Excise Tariff Act, 1985. The Ld counsel produced before me the details of the subject goods as well as the usage of these items in capital goods/machinery within the factory, which is as under. Impugned item Usage Machinery/capital goods chapter heading in which the item used Conveyor Belt Raw material conveyed with the help of belt conveyors at various .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Forum
what is new what is new
  ↓     bird's eye view     ↓  


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version