CENVAT CREDIT ON FURNITURE

[SURYAKANT MITHBAVKAR]

We are manufacture of Pharmaceutical Goods fall under Chapter 84. We have renovate our office by purchasing new Modular Office Furniture.

If we have capitalise that modular office furniture in our books can we avail cenvat credit on that.

If we have shown Repairing to our office and book in Repairs account can we avail cenvat credit.

Pl. advice.

AI Summary

CENVAT credit on furniture: allowed if used in or in relation to manufacturing; personal-use items excluded.
CENVAT credit on furniture is permitted when the furniture is used in or in relation to the manufacture of dutiable goods, including furniture and stationery used in a factory office; goods with absolutely no relationship to manufacture or used primarily for personal/employee consumption are excluded. Capital goods used exclusively in manufacture of exempted goods or exempted services are not eligible. Input services for repair or renovation of factory premises or related office premises are allowable. Classification as input or capital good depends on chapter/heading and factual use.