Duty on Steel items used in fabrication of storage tank eligible for input credit

CESTAT, MUMBAI BENCH LSR Speciality Oils (P.) Ltd. Versus Commissioner of Central Excise Order No.A/124/2013/SMB/C-IV APPEAL NO. E/879/2012-Mum JANUARY 8, 2013 ORDER 1. The appellant is in appeal against the impugned order wherein CENVAT credit has been denied on MS angle and HR sheet on the premise that the same does not cover under Chapter 72 of Central Excise Tariff Act, 1985. 2. The learned Counsel appearing for the appellant contended that MS angle and HR sheet were used by them for fabrication of storage tank. Hence they are entitled for CENVAT credit in terms of Expla...