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Cenvat on inputs used in making capital goods

This query is : Resolved 

20 November 2013 Dear Expert

We have established an industry in which we are not purchasing any machinery but assembling the same captively in our plant and for which we are purchasing the parts of it from different supplier who are charging the excise on the same

Now my question is whether CENVAT can be avail on purchasing the parts of machinery which is being assembled and which is a Capital Good for the Company

20 November 2013 After registered with excise and if you have to pay duty then you can avail the cenvat credit.


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