anony (MANAGER) (145 Points)
30 May 2011DEAR SIR,
WE ARE A KRAFT PAPER MANUFACTURING COMPANY.
CAN WE CLAIM CENVAT CREDIT OF EXCISE DUTY PAID ON PURCHASE OF "CHAINS & PART THEREOF OF SLATES", "CONVEYOR & PARTS THEREOF", "THRESHERS", P.D. PUMP & SCRAP.
TARRIFF ITEM NOS.: 7315 - 19 - 00, 7216 - 99 - 90
KINDLY HELP ME OUT.
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 31 May 2011
no
such items are neither your inputs for manufacture of kraft paper, nor they qualify capital goods as per CCR 2004, hence input credit not admissible
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