Cenvat credit on steel and cemant for expansion of existing plant

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..... Cenvat credit on steel and cemant for expansion of existing plant
Query (Issue) Started By: - Anupam Mathur Dated:- 1-6-2010 Last Reply Date:- 8-6-2010 Central Excise
Got 2 Replies
Central E .....

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..... xcise
A huge expansion of existing plant has started amounting to Rs 1000 Crores. The Company shall procure huge quantity of steel, Cement etc. Can the Company avail the Cenvat Credit involved in .....

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..... these Purchases??? The Material in question relate to Expansion programme only. Reply By kiran pai: The Reply: Dear Sir, For the expansion of your plant what ever the material relates to structure an .....

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..... d building are not treated as Capital Goods as per the Central Excise Rules, hence you can not avail the Central excise duty on purchasing of these materials. Thanks. Reply By Surender Gupta: The Repl .....

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..... y: You can not avail the cenvat credit on steel or cement
Discussion Forum - Knowledge Sharing .....

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