CENVAT FOR SEIZED PLANT, Central Excise

[MANDAVILLI RAMAKRISHNA]

Whether cenvat available in respect of plant purchased and before

installation/ trial run, the plant was seized by the finance company

and sold to third party.

Posts / Replies

[Madhukar N Hiregange]

Credit is available if plant rcvd + used. If sold to 3rd party- 3rd p maybe eligible.

[MANDAVILLI RAMAKRISHNA]

thank you sir.,

but the 3rd party purchased from the finance company so how can they avail the cenvat credit on the plant?