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Cenvat on software


13 March 2016 Query!!! CENVAT CREDIT ON SOFTWARE? Software purchased worth Rs.3000000/- Its named in Ch.85 of Central Excise Act. Capital goods includes all goods under chapter 85(CCR 2004). Thus, CENVAT available on software as INPUT(100%) or CAPITAL GOODS(50-50%)?

13 March 2016 please comment

14 March 2016 As a capital goods, but where the software is going to use... would decide the eligibility

14 March 2016 Inside the factory for designing purpose

14 March 2016 it will be used

14 March 2016 And what would be the position if the software is installed in Corporate Head Office, instead of factory?

14 March 2016 If it used in factory then credit would be available

15 March 2016 under which rule of CCR? under inputs?? Inputs cover all goods used in factory, except capital goods, right??


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