CEN VAT credit on structural platform

1273 views 4 replies

 

Hi,

Can we claim CEN VAT credit on Structural Platform. Previously we have taken credit treat it as part of plant and machinery but now excise department people are objecteing. If we can claim under which chapter it will fall.

Please help me out.

Thankyou.

Regards,

Praveen Kumar.T

 

 

Replies (4)
Dear Praveen, you can take credit provided it forms part of Plant and Machinery.also it Depends upon the nature of Industry. can u provide me some details so that i can help. you. pl mark mail on : vijay.agrawal @ acccement.com
Praveen [/br] [nbsp] You can take credit if structural platform was part of Plant & Machinery. [/br] Rule 2 of Cenvat credit rules, 2004 defines capital goods as the capital goods used in relation to manufacture of final product.
pl provide the more details as it depends on industry
CENVAT CREDIT IS AVAILABLE BUT AS INPUT NOT AS CAPITAL GOODS. INPT INCLUDES GOODS USED IN MANUFACTURING OF CAPITAL GOODS.


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