https://www.taxtmi.com/caselaws?id=243856 A laptop used with specialised software to operate and control manufacturing machinery may qualify as capital goods under the CENVAT Credit Rules if it forms an essential and integral part of the machine's functioning; its movable nature does not by itself exclude credit where the goods fall within Chapter 84. For limitation, the relevant date is not the date of audit objection when the credit was already reflected in statutory records and returns, and the dispute is purely interpretative without concealment or mala fide conduct. In that setting, the extended period is unavailable and the demand is time-barred. en-us Fri, 24 Jan 2014 00:00:00 +0530 Sat, 30 Aug 2014 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243856 A laptop used with specialised software to operate and control manufacturing machinery may qualify as capital goods under the CENVAT Credit Rules if it forms an essential and integral part of the machine's functioning; its movable nature does not by itself exclude credit where the goods fall within Chapter 84. For limitation, the relevant date is not the date of audit objection when the credit was already reflected in statutory records and returns, and the dispute is purely interpretative without concealment or mala fide conduct. In that setting, the extended period is unavailable and the demand is time-barred. Case-Laws Central Excise Fri, 24 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243856