CENVAT Credit on inputs used for fabrication of capital goods is eligible

Agarwal Foundries Pvt Ltd Vs Commissioner of Customs & Central Excise (CESTAT Hyderabad) CESTAT Hyderabad held that CENVAT Credit on inputs used for fabrication of capital goods like pollution control equipment, heating furnace, casting machine, coating machine, chimney, rolling machine, reheating machine, control panel, etc. is eligible. Facts- The issue involved in this Appeal is whether the Appellant, MS Agarwal Foundries Pvt Ltd, have rightly taken Cenvat credit on various items of MS steel etc., utilized in fabrication of capital goods like pollution control equipment, heating furnace...