15 June 2016
Dear all
There is one manufacturing concern ...they have newly started their construction of Factory building work..for construction they have purchased construction material from Manufacturer/first stage dealer like cement,Plates,channels,pipe,sand after paying excise duty on such material for factory building. and they also used such material on Machinery foundation....My questions is can we take cenvat credit on such materials and can we take it as capital goods.
Please advise me....
16 June 2016
Thanks, Sir if such material used in foundation for capital goods than can we take cenvat credit (suppose cement is used in making structure for Machinery)
CAclubindia
