credit taken on Borewell & Chamber, Service Tax

[MITSUI PRIME]

Dear Sir,

Good Morning

We can take the credit on "Making of Barewell and Chamber in Manufactring Factory Premises.

"in last excise audit auditor poin out Steel rack for warehouse its not related to earth mover then not credit taken" ----------- then we have reveral and also deposit interest..

Pl. advice.

Arjun Sachdeva

Mitsui Prime Advanced Composites India Pvt LTd.

Neemrana.

Posts / Replies

[Pradeep Khatri]

No CENVAT credit would be available on such activities in Manufacturing Factory.  It is better to avail the Depreciation on the gross value.