Excise – Cestat Kolkata: Welding electrodes used for repairs and maintenance of plant and machinery are eligible for Cenvat Credit both as capital goods as well as inputs - Appellant was regularly filing the periodic statutory Returns disclosing therein the factum of availment of credit and therefore, the penalty is not imposable: Appeal allowed [Order attached dated 30 September 2022]

01-Oct-2022 13:27:57