While hearing the case of M/s Manglam Cement Limited versus CCE, the Delhi bench of Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) set aside the impugned order and held that the Cenvat Credit is available in respect of cement and steel bars used in the structural foundation to support the power plant.
The bench comprising B. Ravichandran, Member (Technical) heard the contention of both the sides. Here the matter alleging with respect to cenvat credit on cement and steel used to support power plant.
The same issue was heard earlier by single bench and noticed certain off-key views regarding the same, thereafter, handover to the larger bench.
While referring the interim order No. 14/2018 held that goods like cement and steel bars are eligible for Cenvat Credit either as capital goods (accessories) or as inputs, by pressing the various decisions of the Apex court and High Courts referred to therein.
Thereafter, larger bench returned the order to this tribunal for final disposal and the bench allowed the appeal in favour of Assessee.
