If we use some material fro R & D purpose in that case can we taken the cenvat Credit on that goods which we are using for R & D Purpose.
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If it is related to the services provided by you the same can be taken.
If the R&D is within the factory then you can avail the credit.
If you carry out R & D activity within your factory premises and connected with manufacturing of dutiable final products, then you are eligible to take credit of duty paid on inputs used in such R & D activity. Otherwise you are not eligible.
In my views, if replies of all the experts are grouped into one, it will be a whole, complete and perfect reply.