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cenvat credit - Central Excise

#1 Issue Id: - 3082
Dated: 17-6-2011
By:- vasudevan sudharsanam
cenvat credit

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a certain company is taking capital goods credit on M.S.Angles, Plates, M.S.Coil.  These items are utilised in their Mill House and Boiling House for machineries as replacement for parts which are worn out.  The Mill House and Boiling House are storage tanks.  Is the credit on capital goods allowable

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#2 Dated: 18-6-2011
By:- Mangesh Lokre

 

Please refer the Rule 2(a) & (k) for defination of Cenvat Credit Rules 2004 ( also refer to the NTF. NO. 16/2009-CE. (N.T.), DT. 07/07/2009 & Notification No 3/2011-CE.NT dated 01.03.2011)

The Credit of duty on MS Angle Plates Coils is not admissible.


#3 Dated: 25-6-2011
By:- BHARAT PUROHIT

D/ SIRS: M.S COIL WILL B USED AS COMPONENT ( IT WILL BE  A BIG SIZE/ VALUE / UTILITY  COMPONENT OF BOILER. SHOULD IT NOT BE ELIGIBLE FOR CENVAT ? REQUEST YR VIEWS.

 

 THNX/ B.B.PUROHIT


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