Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

cenvat credit

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cenvat credit
Query (Issue) Started By: - vasudevan sudharsanam Dated:- 17-6-2011 Last Reply Date:- 25-6-2011 Central Excise
Got 2 Replies
Central Excise
a certain company is taking capit .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... al goods credit on M.S.Angles, Plates, M.S.Coil. These items are utilised in their Mill House and Boiling House for machineries as replacement for parts which are worn out. The Mill House and Boiling .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... House are storage tanks. Is the credit on capital goods allowable Reply By Mangesh Lokre: The Reply: Please refer the Rule 2(a) & (k) for defination of Cenvat Credit Rules 2004 ( also refer to the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... NTF. NO. 16/2009-CE. (N.T.), DT. 07/07/2009 & Notification No 3/2011-CE.NT dated 01.03.2011) The Credit of duty on MS Angle Plates Coils is not admissible. Reply By BHARAT PUROHIT: The Reply: D/ SI .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... RS: M.S COIL WILL B USED AS COMPONENT ( IT WILL BE A BIG SIZE/ VALUE / UTILITY COMPONENT OF BOILER. SHOULD IT NOT BE ELIGIBLE FOR CENVAT ? REQUEST YR VIEWS. THNX/ B.B.PUROHIT
Discussion Forum - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates