https://www.taxtmi.com/caselaws?id=767469 CESTAT Kolkata held that imported Works Rolls constitute Capital Goods rather than spare parts, making them eligible for full SHIS scrip utilization. The tribunal found Works Rolls are classified under CTH 8455 30 00 as independent goods essential for Rolling Machine functionality. Revenue cannot adopt different positions for EPCG License and SHIS scrip when FTP provides common Capital Goods definition. Since the classification issue involved interpretation consistently settled by tribunals favoring importers, extended period demand was time-barred. Appeal allowed on merits and limitation grounds. en-us Wed, 11 Dec 2024 00:00:00 +0530 Wed, 19 Mar 2025 06:45:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767469 CESTAT Kolkata held that imported Works Rolls constitute Capital Goods rather than spare parts, making them eligible for full SHIS scrip utilization. The tribunal found Works Rolls are classified under CTH 8455 30 00 as independent goods essential for Rolling Machine functionality. Revenue cannot adopt different positions for EPCG License and SHIS scrip when FTP provides common Capital Goods definition. Since the classification issue involved interpretation consistently settled by tribunals favoring importers, extended period demand was time-barred. Appeal allowed on merits and limitation grounds. Case-Laws Customs Wed, 11 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767469