Cenvat Credit for Trolly,Froklift, & lift

Can we avail the credit of trolly, froklift or Lift for movement of material for dispatch,storage etc.?
 

Replies (1)

Rule 3 of the cenvat credit rules 2004 plainly says that a manufacturer of the final product is elligible for cenvat credit which he paid on the input or capital goods received in the factory. Rule 2 (k) define the term inputs and it says that the all goods which are used in or relation to the manufacture of final products, directly or indirectly. so the above said items if they are used in or in relation to the manufacturing of the product then the manufacturer is entitled for taking the cenvat credit available on these items. 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics :

Loading
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details