2015 (10) TMI 1343

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..... redit on the parts imported for replacement, particularly during that period original equipments were not covered under modvat scheme. Compensation scheme from the insurance company has no relevance for availment of credit on capital goods purchased in 2006. Prima facie , appellants have made out a case for waiver of predeposit of demand in question. Accordingly, predeposit of dues arising out of .....

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..... hat the insurance compensation has nothing to do with credit availed on the spares parts purchased in the year 2006 as they have not availed capital goods credit on the equipment imported in 1991. The spares parts purchased in 2006 are covered under Central Excise Rules, 2000. There is no provision to deny this credit on the plea that appellants could not avail credit on the original equipment as .....

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