Cenvat credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 February 2013
A company manufacturing M.S ingot using CR Coil sheet ( CH. sub-heading -72044100) for making pharma for furnance lining . and taking cenvat credit as capital goods . is the said credit called irregular credit.
S.P.Mahanta
(Expert)
03 February 2013
Yes, Cenvat credit is available on HR/CR coil used in making SMS forma as input item.
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