Oxygen and Acetylene Gas Eligible for CENVAT Credit: Rajasthan High Court

J.K. Cement Works Vs Commissioner Central Excise (Rajasthan High Court) The Rajasthan High Court, in the case of J.K. Cement Works Vs Commissioner Central Excise, addressed an important issue related to the applicability of CENVAT Credit on Oxygen and Acetylene Gas used for repairs and maintenance of plant and machinery. The case was built upon the basis of a judgment passed in the Hindustan Zine Ltd. Vs. Union of India & Ors. case, where it was ruled that these gases can be considered as components/spares/accessories of welding machines. The counsel for J.K. Cement Works argued that as th...