Controversy: Inputs and Capital Goods (Cenvat Credit Rules)

Kunal (Article) (84 Points)

16 March 2011  

A simple eg: 

I use a certain good falling under Tariff headin 82,84...(falling under capital goods defination)  as an input for producing my final product...!!!!

Will CENVAT credit be available on it as an Input or as Capital Goods i.e. 50% ???