Dear Vikas Narang, You can take Cenvat Credit on purchase of steel plates if the capital goods for repairs of which you have purchased steel plates falls under Chapter 82, 85, 90 of the first schedule to the Excise Tariff Act.
Further it is not necessary that spares purchase for repair should be of same heading as of capital goods for taking cenvat credit. You can avail cenvat credit on the same also. I hope everything would be clear to you now. If any query regarding the same you can contact me on my cell no. On Sat, Dec 13, 2008 at 4:35 PM, vikas narang <[email protected] > wrote: > Dear All, > > i have a query regarding Excise ,please help me out in this > > "A" co is a registered under Excise as manufacturer and purchases steel > plate under heading 72085210 & 72085210 for repair of capital goods, now > query is that whether A is allowed to take cenvat of duty involved in > purchase of steel plate (which doesnot fall under the heading of capital > goods) is it necessary that spares purchase for repair should be of same > heading as of capital goods for taking cenvat of duty involved. > > please help me > > regards > > vikas narang > 9812043198 > C.A. > > > > hanks & Regards. CA Deepak Pahuja House No. 30, Near Naveen School, New Rishi Nagar Hisar (Haryana) India Cell: +91-92151-76462 (Mobile) --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Skorydov MyTaxAssistant Member Group" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/SkorydovMyTaxAssistant?hl=en -~----------~----~----~----~------~----~------~--~---
