Appellate Tribunal Allows Capital Goods Credit for Factory Trolleys

The Appellate Tribunal CESTAT, Chennai allowed capital goods credit for trolleys used in a factory for material handling, disagreeing with the lower authority's classification as mobile furniture. The appellants were not required to pre-deposit any amount, and recovery of the denied credit and penalty was stayed.

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The Appellate Tribunal CESTAT, CHENNAI allowed capital goods credit for trolleys used in a factory for material handling, disagreeing with the lower authority's classification as mobile furniture. The appellants were not required to pre-deposit any amount, and recovery of the denied credit and penalty was stayed.

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