https://www.taxtmi.com/caselaws?id=119535 Computer server, data cartridge storage unit and power box installed on the first floor near office and managerial rooms were held not to qualify as capital goods for Cenvat credit, because office-use equipment falls outside the statutory scope even if it has some functional connection with manufacturing. The credit claim therefore failed on merits. Penalty, however, was set aside since the assessee had claimed credit under a bona fide belief and the record did not justify penal consequences. The result was limited relief for the assessee: inadmissibility of credit was sustained, but the penalty was deleted. en-us Fri, 24 Mar 2006 00:00:00 +0530 Mon, 08 May 2017 12:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119535 Computer server, data cartridge storage unit and power box installed on the first floor near office and managerial rooms were held not to qualify as capital goods for Cenvat credit, because office-use equipment falls outside the statutory scope even if it has some functional connection with manufacturing. The credit claim therefore failed on merits. Penalty, however, was set aside since the assessee had claimed credit under a bona fide belief and the record did not justify penal consequences. The result was limited relief for the assessee: inadmissibility of credit was sustained, but the penalty was deleted. Case-Laws Central Excise Fri, 24 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119535