Credit Taken on Machinery Part under Chapter 84 & 85

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..... Dear Sir, Good Afternoon if we are buying Machinery Parts from local and Imported vendors under chapter heading 84 85 some goods we will going to capitalization under Fixed Assetss in such case .....

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..... we such case we can take credit if Machiner part debit to Repair Maintance and some capitalization. Pl. provide your good suguation Thanks Regards Arjun Sachdeva Mitsui Prime - R .....

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..... eply By PAWAN KUMAR - The Reply = If the subject parts is to be used in repair maintenance of plant machines, Cenvat credit would be admissible as per my view. The other machines which you have c .....

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..... apitalized as assets, cenvat credit would also be admissible. - Credit Taken on Machinery Part under Chapter 84 & 85 - Query Started By: - MITSUI PRIME Dated:- 8-11-2013 Central Excise - Got 1 R .....

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..... eply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - Tax .....

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..... TMI - TMITax .....

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