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Central Excise - Highlights / Catch Notes

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CENVAT Credit - inputs or capital goods or used for the ...


CENVAT Credit Dispute: Appellant Wins Right to Claim Steel Items as Production Inputs, Not Capital Goods.

June 5, 2023

Case Laws     Central Excise     AT

CENVAT Credit - inputs or capital goods or used for the manufacture of the final product - steel items - appellant is not even claiming the Cenvat credit in respect of these goods as capital goods. These goods were used as input for manufacture and supply of the finished goods. In view of the fact, entire proceedings initiated against the appellant for denial of CENVAT credit treating these as Capital Goods are ill founded and cannot be sustained. - AT

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