Request to guide.

This query is : Resolved

DAVE RAJESH JAGDISHCHANDRA (Querist)
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25 June 2013 Dear Sir,

We are excise registered automotive parts & bearing manufacturer.To meet our customer requirement one testing equipment is develop by us.Cenvat credit against this equipment purchase can treat as a input or capital goods ? Please advice.

Second thing this equipment we have to remove to testing agency and it will be permanently lying with them than which removal process of excise we should have to follow ?

If possible,an answer with notification no.is highly appreciated.

Thanks,
R.J.Dave.

Arun Kumar Singh

Arun Kumar Singh (Expert)
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25 June 2013 If products will fall under chapter heading 82, 84, 85 and 90 then it will be capital goods other wise input. Any taxable goods will be removed from factory duty will be payable on it.

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DAVE RAJESH JAGDISHCHANDRA

DAVE RAJESH JAGDISHCHANDRA (Querist)
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26 June 2013 Dear Mr.Singh

Thanks for your reply.

Regards,
R.J.Dave.

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