Cenvat Credit on supply of tangible goods , Central Excise

[RAJENDRA KHADILKAR]

It seems to have a big blow on availment of credit on supply of tangible goods.

The Cenvat Credit Rules have gone a change [Notification No. 18/2012 CE (NT)]

a substitution of sub-clause (B) of clause (l) with new claiuse (B) & (BA) a credit on supply of tangible goods would be question.  Comments please.

Posts / Replies

[Radha Arun]

The bar is only on credit of vehicle lease / hire, in so far as the vehicle is not covered by the definition of 'capital goods'.