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Cenvat credit

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 December 2011 capital goods is purchased by paying CST. now is it compulsory to claim Cenvat credit or it can be treated as Fixed Assets?
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U S Sharma

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U S Sharma (Expert)
16 December 2011 cenvat credit is excise part
CST paid can not be claimed as input credit under vat.
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Querist : Anonymous

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Querist : Anonymous (Querist)
17 December 2011 thank you very much so its a fixed assets right
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