We are manufacturer of organic chemicals. We have purchase refractory cement & blocks (basically use in boiler at high temperature). As per rule 2 of CCR 2004 CENVAT credit is available on refectories and refractory materials.
My query is whether CENVAT credit is available on this refractory bocks and cement?
Refractory Cement and Blocks in Boilers Qualify for CENVAT Credit Under Rule 2(a)(A)(v) as Capital Goods A manufacturer of organic chemicals inquired about the eligibility of CENVAT credit on refractory cement and blocks used in boilers. One respondent indicated that these items qualify as capital goods under Rule 2(a)(A)(v) of the CENVAT Credit Rules, 2004, thus making them eligible for credit. Another respondent noted that cement and steel have been excluded from CENVAT credit since 2011. However, it was clarified that refractory materials, unlike ordinary cement, are used for high-temperature applications and fall under the capital goods category, making them eligible for CENVAT credit. (AI Summary)
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