Cenvat Credit available of Rod of Civil Construction, Central Excise

[Samik Chaudhuri]

Sir

We are manufacturing Co, can we avail cenvat credit of Rod of New Construction of Factory.

Please suggest me .

With thanks andregards

Samik Chaudhuri.

Posts / Replies

[Rajagopalan Ranganathan]

Sir,

Since you have stated that the rod is used for civil construction as per rule 2 (k) of CENVAT Credit Rules, 2004 any goods used for -

(a) construction or execution of works contract of a building or a civil structure or a part thereof; or

(b) laying of foundation or making of structures for support of capital goods,

are not treated as inputs and hence duty paid on such rods are available as credit.

[MARIAPPAN GOVINDARAJAN]

CENVAT credit cannot be availed for the rod as well explained by Shri Rajagoapalan Sir.

[Pradeep Khatri]

Dear Samik,

It's rod or Road? But both are out of Purview of CENVAT credit. 

Regards,

YAGAY and SUN

(Management, Business and Indirect Tax Consultants)