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.
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.
Yes. Cenvat Credit is available.
| 4 | HINDUSTAN ZINC LTD. Versus UNION OF INDIA |
| 2008 TMI - 30617 HIGH COURT RAJASTHAN | |
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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
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