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Cenvat on software

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(Querist)
13 February 2012 Can CENVAT on service Tax paid on software can be taken ( Software for Production planning & control LIKE say SAP-ERP)
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Rajnish Singh

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Rajnish Singh (Expert)
15 February 2012 DEAR SHAMBA,

SAP OR ERP SOFTWARE WILL BI CAPITALIZED AND ITS INPUT WILL BE TAKEN .

IF INPUT WILL TAKE THAN DEPRECIATION WILL NOT DEDUCTED ON INPUT VALUE .
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Ajay Raghatate

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Ajay Raghatate (Expert)
16 February 2012 Yes this cenvat credit is allowable bcoz it is related to Manufacturing.
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