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TMI BlogCenvat on Forklift TruckX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir We have purchased a forklift truck for material handling at our manufacturing Unit. can this be a capital goods and can we take cenvat on this forklift truck Sanjay - Reply By Sach ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in Agarwal - The Reply = Dear Sanjay Ji, Forklift truck is not capital goods therefore CENVAT Credit cannot be taken on it as per rule 2 (a) of CENVAT Credit rules, 2004 . Thanks Sachin Ag ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arwal - Reply By Pradeep Khatri - The Reply = You can avail the CENVAT credit on Fork Lift Truck since it has been used in handling of material which is inturn being used in manufacturing of final p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... roduct. - Reply By NEERAJ KUMAR, RANCHI - The Reply = Dear Sanjay Ji Since forklift truck fall in the tariff heading no. 8427 and as per the definition of the capital goods in cenvat credit rules ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , all goods falling under chapter 84 are allowed as capital goods, so I think that you can take credit on the same. - Cenvat on Forklift Truck - Query Started By: - sanjay misra Dated:- 29-9-201 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxman ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... agementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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