Is it capital goods

719 views 1 replies

Aashish Padol

EXCISE EXECUTIVE

206 Points Joined May 2010

Dear experts,

We purchase Temperature controller & its tariff classification No. is 9032 89 90. My query is whether it is a capital goods or not ? Pl. reply. In this invoice Special AED of CVD also mention. Can i take credit ot this Special AED of CVD ?

Thanks in advance.

Aashish

Replies (1)

Prabhat Kumar

Advocate & Consultant

1912 Points Joined July 2009

Since your imported goods falls under chapter 90 of the central excise tariff act, it is a capital goods. you can take credit of aditional duty as mentioned in the invoice.