Discussions Forum | ||||
Home Forum Central Excise This | ||||
A Public Forum. Anyone can participate to share knowledge. |
||||
---|---|---|---|---|
We acknowledge the contributions of Experts/ Authors. | ||||
Submit new Issue / Query |
||||
Cenvat credit on Plate, Central Excise |
||||
|
||||
Cenvat credit on Plate |
||||
Dear sir, We bought the material Steel Plate which is used in fabrication - maintenance yard. Is it eligible for take cenvat credit or not ? Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Sir, There are numerous cases including Supreme court judgments allowing cenvat credit on Steel Plates used in or in relation to fabrication work. However, allowing cevat credit on Plates used in the fabrication maintenance yard shall lead to stretching the issue too far and such cenvat credit may not be available,
Sir, In addition above view further clarify that your yard is not following under capital goods or inputs so you are not eligible to take cenvat credit. Page: 1 Old Query - New Comments are closed. |
||||