cenvat on electrode.

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Hello,

Can any one tell me whether cenvat credit is allowed on electode used for welding of machinary in sugar industy. I  also want  details of verdict if any in support above.

 

Replies (2)

Yes. Cenvat Credit is available.

4 HINDUSTAN ZINC LTD. Versus UNION OF INDIA
  2008 TMI - 30617   HIGH COURT RAJASTHAN
 
Central Excise - Credit on welding electrodes – credit denied on ground that welding electrodes do not fall under any of the heads mentioned in Rule 2 of CCR – revenue plea is that goods are used for repairing/maintenance of the capital goods, are not eligible for credit - assessee pleaded that electrodes are accessories of machinery for soldering, brazing or welding so they are eligible as capital good for credit – welding electrodes are covered under the definition of capital goods – credit is entitled
Vardan sharma


CCI Pro

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