Cst paid on capital goods

This query is : Resolved

Manoj Kumar (Querist)
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18 November 2011 We are pharma company and dis month we bought new generator for office use. its is a interstate purchase so cst is charged and excise duty is also charged. the cst and excise duty paid by us can be taken as input credit???

Ram Avtar Singh

Ram Avtar Singh (Expert)
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18 November 2011 in interstate purchase CST will be purchase cost. its not allowed. Excise duty cenvat credit allowed. you can take cenvat credit.

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Manoj Malpani

Manoj Malpani (Expert)
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21 November 2011 As reightly pointed by Mr. Ram Avtar Singh, you cannot take credit of CST.

Further you will not be entitled for the CEnvat Credit of Excise duties paid on Generator because it has been purchased for Office Use....

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