Input credit on consultancy fees paid for capex item

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I have availed 100% Cenvat on consultancy fees paid to consultant used for CAPEX item. i have debited consultancy fees Paid to WIP-CAPEX and not in expenses. is CENVAt to be aviled 50% in current year & 50% in next year as pe CCR, 2004 or full 100% cenvat can be availed in current year. i have availed full 100%.

in the Invoice they have mentioned invoice realted to consultancy fees paid in execution of work only.

kindly guide for the same with any refrence case law if any.

Replies (2)

For only goods defined as captial goods 50% applies. For services in relation to capital goods - 100% credit as in case of any other input service.

Thnx for reply. Is ther any refrence to case law or some other corroborative evidence to prove that..if so pls provide.Thnx

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