https://www.taxtmi.com/caselaws?id=50768 Lifts assembled and installed at a customer's site were treated as immovable property, because they came into existence only after erection, fixing of components, wiring, alignment, testing and commissioning. On that basis, the installed lift was not regarded as excisable goods, since the finished article did not exist as movable goods at the stage of clearance and became part of the building. The same reasoning excluded proportionate escalation charges from the assessable value, because valuation could not be enlarged for a completed installed lift that was not dutiable in its erected form. en-us Wed, 06 Jun 2001 00:00:00 +0530 Wed, 08 Sep 2010 13:59:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50768 Lifts assembled and installed at a customer's site were treated as immovable property, because they came into existence only after erection, fixing of components, wiring, alignment, testing and commissioning. On that basis, the installed lift was not regarded as excisable goods, since the finished article did not exist as movable goods at the stage of clearance and became part of the building. The same reasoning excluded proportionate escalation charges from the assessable value, because valuation could not be enlarged for a completed installed lift that was not dutiable in its erected form. Case-Laws Central Excise Wed, 06 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50768