banner_ad

Cenvat on capital goods (motor)

This query is : Resolved 
Profile Image

Profile Image

(Querist)
17 December 2014 We have purchased a Motor Rs. 25200 falling under chapter 84 as replacement of damaged motor.

Our consultant advise us the following :-

1) We can take 50% cenvat credit by capatalised this motor.
2) We can not take cenvat credit if we show it as repair & maint.

What will be the audit's objection if we post the entries in both the situations.

Please advise us to remove this confusion.

Thanks.
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
17 December 2014 YOU CAN TAKE THE CENVAT ON REPAIR OR PURCHASES OF MOTOR.
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
17 December 2014 on repairs no cenvat available but on purchase yes its available.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details