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Excisable Machinery (Capital Goods) give as rental base

Excisable Machinery (Capital Goods) give as rental base - Central Excise - Started By: - Nitin Patel - Dated:- 17-10-2015 Last Replied Date:- 29-10-2015 - dear expertWe have purchase excisable machinery in may 2012 we have use this machine three year .....

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is not an issue to avail the CENVAT credit on the capital goods. You would have to charge either service tax or VAT as per the terms of agreement for providing the machinery on rent. Proportionate CENVAT credit after deducting the 2.5% per quarter wo .....

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