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

Availing of cenvat credit on PARTS of Capital Goods

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Since long we are availing Cenvat credit on PARTS" of Capital goods without any objection. But recently EA-2000 Audit has raised objection for availing credit on "PARTS" of Capital goods falling oth .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... er than Chapter 84,85,82 90 since the word "PARTS" is not covered in the defination of Capital Goods under Rule 2(a)(A) of CCR . More over Air Circulator/Pedastal Fan of Ch.84 essential in our ma .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nufacturing unit to cool the machines and to maintain the ambient of the manufacturing area are also not being allowed since they are not attached/parts/component of the CapitAl Goods/Machines. Kindly .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... enlighten with your valued opinion. Regards, G.GOSWAMI - Reply By Pradeep Khatri - The Reply = Anything including capital goods which is being used in the factory premises and essential to main .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tain humidity etc are covered under the purvies of CENVAT credit. - Availing of cenvat credit on PARTS of Capital Goods - Query Started By: - G GOSWAMI Dated:- 13-2-2014 Central Excise - Got 1 Repl .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - TMITax .....

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