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Cenvat credit on input used to manufacture capital goods

Central Excise - Started By: - Vikash Kumar - Dated:- 27-8-2015 Last Replied Date:- 31-8-2015 - Is Cenvat credit permissible on input used to manufacture capital goods ? - Reply By Rajesh Nathoo - The Reply = Yes, provided the Capital Goods satisfy the definition of Capital Goods as defined under Cenvat Credit Rules. - Reply By VENKATESHAM MUTA - The Reply = I think 50% of the CENVAT will be utilised in the C.Y. and the remaining will b in next year. - Reply By CMA VENKATESHAM MUTA - The Reply = .....

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