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Excise credit on TMT Bars and structural steel

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 October 2010 Can a company take credit of excise duty paid on purchase of structural steel and cement being used in construction of its own factory buidling.
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
23 October 2010 NO, not at all.
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
23 October 2010 In construction of company Factory company can take cenvat credit.
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