CENVAT credit
This query is : Resolved
26 August 2010
Whether Cement used for construction of Storage Tank is eligible for CENVAT credit????
Thank you
Thank you
26 August 2010
Regarding cement and steels under construction, there is Contradictory decisions in several cases
According to me, Input cannot be claimed Ref:UOI vs Hindustan zinc ltd(2007)218 ELT 503 Raj HC DB- held Even cement used in machinery foundation is not eligible for Input CENVAT
According to me, Input cannot be claimed Ref:UOI vs Hindustan zinc ltd(2007)218 ELT 503 Raj HC DB- held Even cement used in machinery foundation is not eligible for Input CENVAT
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26 August 2010
W.e.f. 7-7-2009, it has been specifically provided that "inputs" shall not include cement, channels, bars & other items used for construction of factory shed, building or laying of foundation or making structures to support CG
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