CENVAT credit allowable on lift which is capital goods: CESTAT Bangalore

Divya Sree R O W Projects Vs Commissioner of Central Tax (CESTAT Bangalore) After considering the submissions of both the parties and perusal of the material on record, I find that when the passenger lift was imported, it was classified under Chapter 84 and the Classification was accepted by the Department and once the classification is accepted by the Department, it cannot be changed at the receiver’s end by the Department in view of various decisions relied upon by the appellant cited supra. Further, as per the impugned order, two conditions have to be fulfilled for capital goods to claim ...