Indentification of Item(Capital/Input), Central Excise

[Mridul Sethi]

How to verify the item as it is Capital or Input item(on the basis of Chapter Head or on the basis of its usage)........Mridul

Posts / Replies

[Pradeep Khatri]

You would have to go through the definition of inputs and capital goods as mentioned in the CENVAT credit Rules, 2004 as amended time to time. Check your bill of material to know the inputs/raw materail/components etc