https://www.taxtmi.com/caselaws?id=54675 The appellant purchased dismantled overhead cranes as scrap but used them as operational capital goods in their factory. Despite Revenue's denial of capital goods credit based on classification, the Member allowed the stay application, granting a full waiver of pre-deposit of duty and penalty until appeal disposal. Additionally, the Member granted a waiver of pre-deposit of duty and penalty, emphasizing the operational use of the assembled scrap crane as capital goods. The judgment favored the appellant, recognizing the importance of actual use over initial classification for availing credit benefits. en-us Wed, 26 Oct 2005 00:00:00 +0530 Thu, 21 Oct 2010 14:11:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54675 The appellant purchased dismantled overhead cranes as scrap but used them as operational capital goods in their factory. Despite Revenue's denial of capital goods credit based on classification, the Member allowed the stay application, granting a full waiver of pre-deposit of duty and penalty until appeal disposal. Additionally, the Member granted a waiver of pre-deposit of duty and penalty, emphasizing the operational use of the assembled scrap crane as capital goods. The judgment favored the appellant, recognizing the importance of actual use over initial classification for availing credit benefits. Case-Laws Central Excise Wed, 26 Oct 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54675