Cst paid on capital goods
This query is : Resolved
18 November 2011
We are pharma company and dis month we bought new generator for office use. its is a interstate purchase so cst is charged and excise duty is also charged. the cst and excise duty paid by us can be taken as input credit???
18 November 2011
in interstate purchase CST will be purchase cost. its not allowed. Excise duty cenvat credit allowed. you can take cenvat credit.
Message likes :
1 times
21 November 2011
As reightly pointed by Mr. Ram Avtar Singh, you cannot take credit of CST.
Further you will not be entitled for the CEnvat Credit of Excise duties paid on Generator because it has been purchased for Office Use....
Further you will not be entitled for the CEnvat Credit of Excise duties paid on Generator because it has been purchased for Office Use....
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- Applicability of GST on Salary Reimbursement Component
- Dep. as per companies act
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- CHECK RELATED
- GST ISSUE OF INPUT AND OUTPUT GST
- UDIN ISSUE
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared
Getmyca Consultant Pvt Ltd
New Delhi
CA Inter
View Details
22 September 2026
Account Assistant
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
CCI
Pro
CAclubindia
