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TMI BlogAvailability of cenvat credit on imported capital goods not yet received at factory.X X X X Extracts X X X X X X X X Extracts X X X X ..... Availability of cenvat credit on imported capital goods not yet received at factory. X X X X Extracts X X X X X X X X Extracts X X X X ..... lies X X X X Extracts X X X X X X X X Extracts X X X X ..... But now the machine could not be entered in our factory since the shed for it is under construction. we have decided to keep the said machine in a rented godown after its arrival at Calcutta Port and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... getting Customs clearance with payment of cvd & 4% adl. etc. Kindly advise with relevant provision whether we can avail 50% cenvat credit immediately on the issuance of Bill of Entry/payment of duty ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... though the machine will be kept in the rented godown for time being instead of our factory. I remember that there are some CESTAT judgement where cenvat credit has been allowed for the inputs are in h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... igh-seas/in-transit though actually not received in the factory. Your valuable opinion will be highly solicited. Regards, G.GOSWAMI 29.6.2013 Reply By Pradeep Khatri: The Reply: Rule 4 (2) (a) o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f the Cenvat Credit Rule, 2004 does not allow the CENVAT credit on the capital goods which has not been received in the Factory premises. Reply By G GOSWAMI: The Reply: Thanks to Mr. khatriji for hi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s immediate response.
Regards,
G.Goswami X X X X Extracts X X X X X X X X Extracts X X X X
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