Home Forum Central Excise Month 12 2011 2011 (12) This
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CENVAT Credit on Capital Goods. - Central ExciseExtract We are erecting a plant at our new factory. For that plant, we have purchased various item like pipes, pumps, heaters instruments and other components. We have paid excise duty on such goods. After erection of the plant, we shall be providing service from this new plant. Kindly advise whether 1) we can take CENVAT credit on the same after our registration with Service Tax authoities and what is the maximum limit for claim of CENVAT in a year after its erection? 2) What is the provision for the same and what documents need to be kept for such credit and 3) whether such CENVAT credit can be used for making payment of service tax on the service to be provided by us.
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