about cenvat credit
This query is : Resolved
24 December 2009
whether tables used in assembly area of the plant on which cenvat credit is applicable or not
pls reply.
yogesh
pls reply.
yogesh
Madhukar N Hiregange
(Expert)
24 December 2009
If these are classifable under CVh 84/85 then maybe easily available as capital goods.
Alternatively the same can be said to be input used in relation to manufacture and credit claimed. The department may dispute the same.
Alternatively the same can be said to be input used in relation to manufacture and credit claimed. The department may dispute the same.
ANIL JANGID
(Expert)
24 December 2009
agree
SANJAY JAIN
(Expert)
26 December 2009
The various judicial forums in recent have defined spares and accessories in very larger sense and there would not be any problem in justifying use of table in assembly line for taking credit.
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