Cenvat credit on spares parts of stone crusher

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 May 2015 Dear Sir,

We have purchased Spares Parts for our Stone crusher. The supplier claimed excise duty under Tareff Heading 73259910 & 73259920.

My query is can we take cenvat credit on the payments of Service Tax full duty paid by us or 50%. The purchase of above spares on 23.02.2015.

Thanks & Regards

L.D. Dharmadhikari

Arun Kumar Singh

Arun Kumar Singh (Expert)
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28 May 2015 If spares parts are used in the providing of output services then you can take the cenvat credit. If spares parts are falling under chapter heading of capital head goods then you can take 50% credit in current year and another next year if not fall under capital goods chapter heading then can take 100% credit.