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Indentification of Item(Capital/Input), Central Excise

Issue Id: - 3583
Dated: 21-11-2011
By:- Mridul Sethi

Indentification of Item(Capital/Input)


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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

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1 Dated: 22-11-2011
By:- 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


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