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Central Excise - Highlights / Catch Notes

Home Highlights December 2020 Year 2020 This

CENVAT Credit - Capital goods - Inputs - Cement and Steel items ...


CENVAT Credit Allowed for Cement and Steel Used in Fabricating Storage Tanks; Supported by Engineer's Certificate.

December 22, 2020

Case Laws     Central Excise     AT

CENVAT Credit - Capital goods - Inputs - Cement and Steel items - There is no blanket or absolute bar in claiming credit on the disputed items, unless used for the purposes specifically excluded in Explanation 2 to the definition of inputs. The Appellant had placed a Certificate from the Chartered Engineer, in support of their contention that the disputed items were used in the fabrication of the storage tanks within the factory premises. - Credit allowed as inputs - AT

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