https://www.taxtmi.com/caselaws?id=214397 The Tribunal ruled against the appellant, denying eligibility for CENVAT credit on steel items used in constructing immovable properties like storage tanks/silo and chimney. The Tribunal emphasized that such items did not qualify as capital goods under the CENVAT Credit Rules due to being classified as immovable properties, following precedents that distinguished between capital assets and capital goods. The appellant failed to establish a prima facie case for a complete waiver of dues adjudged, being directed to make a pre-deposit within a specified period. en-us Mon, 14 May 2012 00:00:00 +0530 Fri, 29 Jun 2012 14:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214397 The Tribunal ruled against the appellant, denying eligibility for CENVAT credit on steel items used in constructing immovable properties like storage tanks/silo and chimney. The Tribunal emphasized that such items did not qualify as capital goods under the CENVAT Credit Rules due to being classified as immovable properties, following precedents that distinguished between capital assets and capital goods. The appellant failed to establish a prima facie case for a complete waiver of dues adjudged, being directed to make a pre-deposit within a specified period. Case-Laws Central Excise Mon, 14 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214397