CENVAT Credit Allowed as Storage Tanks Used for Providing Output Services

Ellenbarrie Industrial Gases Ltd Vs Commissioner of Central Excise (CESTAT Hyderabad) The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad, allowed the appeal and set aside the impugned order denying CENVAT credit on cryogenic storage tanks and related inputs, except for limited items, while also holding that extended limitation and penalties were not applicable. The appellant, engaged in manufacture of industrial gases and provision of taxable services such as erection, commissioning, and supply of tangible goods, had availed CENVAT credit on (i) cryogenic storage tanks...