2012 (10) TMI 867 - AT - Central Excise

Eligibility of cenvat credit in respect of steel items Held that - Steel items have not been used in the construction of the captive power plant, but in the manufacture of capital goods namely electrolysis cell which in turn is used for producing Potassium Chlorate - respondents are eligible for cenvat credit

Summary

The Appellate Tribunal CESTAT, Chennai ruled that the appellant is eligible for cenvat credit on steel items used in manufacturing capital goods. The appeal by the department was dismissed, and the cross objection by the respondents was disposed of.