Modvat of ss coil & ms coil
This query is : Resolved
18 September 2011
Vitrified tiles manufacturer has used SS Coil and MS Coil to make sailo.(one of the machinery used to manufacture vitrified tiles)The company has made sailo in house by using different kinds of parts & labour.
It has taken a modvat on SS Coil and MS coil as Capital Goods.
whether it has rightly claim modvat on ss coil and ms coil or no.
It has taken a modvat on SS Coil and MS coil as Capital Goods.
whether it has rightly claim modvat on ss coil and ms coil or no.
20 September 2011
Cenvat in this case should be allowed as input as per rule 2k of Cenvat Credit Rules, 2004.
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