Cenvat Credit for R&D procurement -reg
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 November 2010
Sir,
Let me clarify whether Cenvat credit is egilible for R&D procurment (such as chemicals, dye, plant & machinery,etc) from the registered manufacturers?
Let me clarify whether Cenvat credit is egilible for R&D procurment (such as chemicals, dye, plant & machinery,etc) from the registered manufacturers?
Ram Avtar Singh
(Expert)
19 November 2010
R&D and trial manufacture – Even trial manufacture and R&D conducted in respect of manufacturing of excisable product as part of manufacturing process and business activity and hence input services used are eligible for Cenvat credit.
CA SANJAY MUKHERJEE
(Expert)
19 November 2010
Agree with expert.
Ajay Raghatate
(Expert)
09 July 2013
Dear Sir,
Our company is Manufacturer.
We have purchased some Machinery & Equipments for Laboratory
Falling under CH IP 73 ( Other than Capt Goods Chapter Heading )
Can we avail cenvat credit as Input or Capt Goods
Thanks
Ajay
Our company is Manufacturer.
We have purchased some Machinery & Equipments for Laboratory
Falling under CH IP 73 ( Other than Capt Goods Chapter Heading )
Can we avail cenvat credit as Input or Capt Goods
Thanks
Ajay
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