Case Law Analysis
|Custom, Excise & Service Tax Tribunal
CENVAT Credit Admissible on Third-Party Owned Capital Goods Used in Manufacturing | CESTAT Hyderabad
CESTAT Hyderabad has ruled that CENVAT credit can be availed on duty-paid capital goods used in manufacturing, even when those goods are owned by a third party under lease and permanently installed in the factory. This clarifies that ownership, not usage or immovability, is not a barrier to credit - a critical win for manufacturers relying on leased infrastructure.