Excise duty on Motor Vehicle
This query is : Resolved
20 June 2011
Sir,
If we have purchased lorry to move raw material from one location to other within factory limits, can we claim cenvat credit on the duty paid ?
If we have purchased lorry to move raw material from one location to other within factory limits, can we claim cenvat credit on the duty paid ?
20 June 2011
no,
motor vehicles does not qualify for capital goods under cenvat credit rules 2004, so input credit inadmissible
motor vehicles does not qualify for capital goods under cenvat credit rules 2004, so input credit inadmissible
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