https://www.taxtmi.com/caselaws?id=213122 The Tribunal denied the applicant's claim for a waiver of duty, interest, and penalty amounting to Rs. 1,09,36,128/- and Rs. 10,00,000/- respectively, related to the classification of wagons as capital goods under Cenvat Credit Rules. The Tribunal held that wagons did not qualify as capital goods under Rule 2(a) of the rules as they did not meet the specified criteria. The applicants were directed to deposit the entire duty amount within eight weeks, with the waiver of interest and penalties contingent on compliance for the appeal hearing. en-us Wed, 28 Mar 2012 00:00:00 +0530 Sat, 02 Nov 2013 12:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213122 The Tribunal denied the applicant's claim for a waiver of duty, interest, and penalty amounting to Rs. 1,09,36,128/- and Rs. 10,00,000/- respectively, related to the classification of wagons as capital goods under Cenvat Credit Rules. The Tribunal held that wagons did not qualify as capital goods under Rule 2(a) of the rules as they did not meet the specified criteria. The applicants were directed to deposit the entire duty amount within eight weeks, with the waiver of interest and penalties contingent on compliance for the appeal hearing. Case-Laws Central Excise Wed, 28 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213122