Akshay Purohit
This Query has 1 replies

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.







Akshay Purohit
This Query has 1 replies

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.







balkrushna rangrao kulkarni
This Query has 3 replies

This Query has 3 replies

21 February 2009 at 12:15

Availement of canvat credit

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


R.Gangadharan
This Query has 1 replies

This Query has 1 replies

21 February 2009 at 09:32

INSERT COST IN EXCISE CALCULATION

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?


chetan
This Query has 3 replies

This Query has 3 replies

20 February 2009 at 08:28

modvat

what is modvat?
when we are taken modvat credit ?


Kavita Rawat
This Query has 2 replies

This Query has 2 replies

19 February 2009 at 11:24

Excise duty on FMCG goods

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?


dilip
This Query has 1 replies

This Query has 1 replies

19 February 2009 at 09:26

Export return in EOU

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 ?


amit
This Query has 1 replies

This Query has 1 replies

18 February 2009 at 17:30

CENVAT

In case of service tax of GTA paid by Company under reverse charge system. Company can use CENVAT credit balance for paymnet of that service tax liability.


Deepak Agrawal
This Query has 3 replies

This Query has 3 replies

16 February 2009 at 13:24

Seperate serial number for excise invoice

Earlier, seperate invoice numbers required from new financial year...

I want to know whether one can continue with old excise serial number of invoices inspite of new financial year


Deepak Agrawal
This Query has 3 replies

This Query has 3 replies

16 February 2009 at 13:18

DSA for each Chapter Ids

I just want to know whether seperate daliy Stock account for each Chapter Ids.





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