M/S Vikram Cement vs Commissioner Of Central Excise,Indore

The Supreme Court addressed the admissibility of Cenvat credit on inputs and capital goods under the Cenvat Credit Rules, 2000, 2001, and 2002, specifically regarding items used in limestone extraction outside the factory premises. The Court held that the definition of 'input' under the Cenvat scheme is broader than that under the Modvat scheme, and thus, the denial of credit based on usage outside the factory was incorrect. The Court ultimately ruled in favor of the assessees, allowing the credit on the disputed items.