Cenvat credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 April 2014
Dear Sir,
I wanted to know that if a company purchase a transformer for using as a power generating machine, whether he is eligible to avail the cenvat credit on the duty which he has paid at the time of purchase of the same.
I wanted to know that if a company purchase a transformer for using as a power generating machine, whether he is eligible to avail the cenvat credit on the duty which he has paid at the time of purchase of the same.
29 April 2014
From my point of view, if the transformer is used in manufacturing activity, Cenvat should be available as per Cenvat Rules on Capital Goods.
http://www.cavibhorjain.com/
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