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Cenvat credit

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 July 2016 we have purchase iron sheet and channel for making support structure for machine. The supplier have charged excise duty on iron supply. Can we take cenvat credit on this purchase as capital goods.
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
03 July 2016 Yes, you can take the cenvat credit.
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Querist : Anonymous

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Querist : Anonymous (Querist)
04 July 2016 But as per definition of capital goods, there is not specifically mentioned . Can you explain in detail with case law if available.




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