This Query has 1 replies
We are a chemical manufacturer.Presently we can not avail cenvat credit on cement used in capital goods,i.e. like chimney and other supporting to plant machinery.
Can we avail cenvat credit on cement used in capital goods.We are also used cement for following used.
1 Boundary wall of storage tank(safety purpose)
2 Construction of repair of road in factory premises.
3 Repair of building and plant machinery.(which is covering for plant and machinery)
4 Repair of building in colony of companies.
Can we avail on cenvat credit on cement above used.We also refer two cestat case which is content is as follows
CESTAT, MUMBAI
BHUSHAN STEEL & STRIPS LTD. Versus COMMISSIONER OF C. EX., RAIGAD
Dated: 14-12-2007
Central Excise - Credit allowed on cement & CTD bars as these are support of capital goods –credit allowed on cellars as they are technically necessary & integral part of plant – Mfg. process requires controlled temp. & dust free environment so credit is allowed on roofing material used to provide cover for plant – aluminum wires/cable/conductors, electricity transmitting tower welding electrodes, wires are eligible – but credit is disallowed on excavators & material handling equipment i.e. tippers & spares
CESTAT, MUMBAI
LLOYDS METAL & ENGINEERS LTD. Versus COMMISSIONER OF C. EX., NAGPUR
Dated: 26-02-2008
Central Excise - Whether steel and cement used in foundation of kiln, cooler and chimney are capital goods in terms of definition thereof in Rule 2(a) of the Cenvat Credit Rules – whether they are eligible for credit as capital goods – Held, yes - using steel and cement for providing the necessary foundation and support for the capital goods, are eligible to CG credit – denial of capital goods credit on Helmets (for safety of their employees) is justified because this denial is not challenged by assessee
My query is on the above case basis can we avail on cenvat credit on cement used in capital goods and other used.
This Query has 1 replies
We are a manufacturer of chemical.Presently we can not avail cenvat credit on cement used in capital goods,i.e. like chimney and other supporting to plant machinery.
Can we avail cenvat credit on cement used in capital goods.We are also used cement for following used.
1 Boundary wall of storage tank(safety purpose)
2 Construction of repair of road in factory premises.
3 Repair of building and plant machinery.(which is covering for plant and machinery)
4 Repair of building in colony of companies.
5 Construction of Chimney and capital goods
Can we avail on cenvat credit on cement above used.We also refer two cestat case which is content is as follows
CESTAT, MUMBAI
BHUSHAN STEEL & STRIPS LTD. Versus COMMISSIONER OF C. EX., RAIGAD
Dated: 14-12-2007
Central Excise - Credit allowed on cement & CTD bars as these are support of capital goods –credit allowed on cellars as they are technically necessary & integral part of plant – Mfg. process requires controlled temp. & dust free environment so credit is allowed on roofing material used to provide cover for plant – aluminum wires/cable/conductors, electricity transmitting tower welding electrodes, wires are eligible – but credit is disallowed on excavators & material handling equipment i.e. tippers & spares
CESTAT, MUMBAI
LLOYDS METAL & ENGINEERS LTD. Versus COMMISSIONER OF C. EX., NAGPUR
Dated: 26-02-2008
Central Excise - Whether steel and cement used in foundation of kiln, cooler and chimney are capital goods in terms of definition thereof in Rule 2(a) of the Cenvat Credit Rules – whether they are eligible for credit as capital goods – Held, yes - using steel and cement for providing the necessary foundation and support for the capital goods, are eligible to CG credit – denial of capital goods credit on Helmets (for safety of their employees) is justified because this denial is not challenged by assessee
My query is on the above case basis can we avail on cenvat credit on cement used in capital goods and other used.
This Query has 3 replies
wHETHER CANVAT CREDIT IS allowed ON THE BASIS OF INVOICE WHICH IS " ORIGINAL FOR BUYER" BUT DOES NOT CONTAIN DETAILS REGARDING mode of vehicle, date of removal & vehicle reg. no. As Duplicate for transporter copy is not available or missing or wrongly send back to supplier
This Query has 1 replies
WE ARE A MANUFACTURERS. WE HAVE TO SEND A SUB PART LIKE KEY TO A SUB VENDOR ON FREE OF COST FOR ADDING PLASTIC MOULD IN A CORNER. WHILE THE SUB VENDOR BILLING ON US HE WILL CHARGE EXCISE DUTY BY ADDING OUR PART VALUE ALSO AND WILL ARRIVE TAXABLE VALUE BY DEDUCTING OUR PART VALUE BEFORE VAT.
IN SUCH CASE WHEN WE SEND OUR ITEM THROUGH DC WHETHER WE HAVE TO DEBIT THE EXCISE DUTY OR NOT? WHICH IS THE WRIGHT WAY FOR SENDING OUR PART THROUGH DC OR THROUGH INVOICE?
This Query has 2 replies
URGENT
hi! where can i find the list of excise duty rate (Past as well as curent rates)applicaple on various fmcg goods like hair ol, shampoo, soaps, honey, toothpaste, etc. or can some1 tell me the details of the rates applicable? Also what are the exemptions available to such goods?
This Query has 1 replies
Dear Sir ,
We have exported finished goods from EOU under bond the same material s coming back from customer how we will handel the import in custom ?
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can cenvat credit avail on cement used in C.G.and other