2007 (12) TMI 489 - AT - Central Excise

CENVAT credit - inputs/capital goods - Welding Electrodes used by the appellants for maintenance - Held that - the issue has been covered in favor of the assessee in the case of Commissioner vs. Modi Rubber Ltd 2000 (5) TMI 64 - CEGAT, NEW DELHI in coming to the conclusion that welding electrodes used for repairs are eligible inputs entitled to credit - credit is admissible on welding electrodes - appeal allowed - decided in favor of appellant.

Summary

The Appellate Tribunal CESTAT Mumbai allowed Cenvat credit on Welding Electrodes used for maintenance, following precedents that deemed them eligible inputs. The decision favored the assessee based on previous Tribunal and Larger Bench rulings.