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Cenvat Credit

This query is : Resolved 

19 June 2009 Dear Sir

Can we take cenvat credit on immovable properties?

19 June 2009 Dear Laxman
Excise is not levied on immovable Goods so u can not take the CENVAT credit on immovable Goods
However there is only one Exception...
in case of STORAGE TANK which is used in factory for in or in relation to manufacturing of excisable goods

19 June 2009 only storage tank is permitted




20 June 2009 Thank you sir's ....




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