2016 (8) TMI 593 - AT - Central Excise

Cenvat credit - explosives and welding electrodes used by the assessee in their captive mines - Held that - the issue is no more res integra and stands settled by the Hon ble Supreme Court in the case of Vikram Cement 2006 (1) TMI 130 - SUPREME COURT OF INDIA laying down that the utilization of inputs within the factory premises is necessary and the explosives, etc. used in the captive mines would also be entitled to the cenvat credit. - Decided in favour of assesse with consequential relief

Summary

The appellate tribunal in New Delhi allowed the appeal regarding denial of cenvat credit for explosives and welding electrodes used in captive mines, citing a Supreme Court decision that inputs used within factory premises are eligible for credit. The impugned order was set aside, and the appeal was allowed with consequential relief.