Cenvat Credit on Angles, Channels, Rounds
This query is : Resolved
A. Prithvi Surya
(Querist)
10 April 2011
Dear Experts,
It is known to us that an assessee cannot claim input on channels, angles, cement, etc in a factory building. What if the Assessee is involved in the activity of supplying pre-engineered structures and also erect them which take a shape of a factory? Can the assessee claim input in such cases?
Quick responses would be appreciated.
Thanking you in anticipation.
It is known to us that an assessee cannot claim input on channels, angles, cement, etc in a factory building. What if the Assessee is involved in the activity of supplying pre-engineered structures and also erect them which take a shape of a factory? Can the assessee claim input in such cases?
Quick responses would be appreciated.
Thanking you in anticipation.
Madhukar N Hiregange
(Expert)
12 April 2011
A service provider maybe in a position to claim the credit on the same as it is used in providing a service. However such service provider would not be able to avail of abatement for materials.
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