TaxTMI 
TaxTMI 
Sir,
We have used channel,angles bars for installation of pre- fabricated structure for storage of our finial finished gods.
Now it may be part of my Input for taking cenvat credit or it can part f exclusion clause of Input.
Input cenvat credit
26 Aug 2014 
2 Replies 
1551 Views Asked by
CENVAT credit eligibility for metal channels and structural sections follows higher-court precedent, subject to factual verification.
Whether metal channels, angles and bars used in installing a prefabricated storage structure qualify for CENVAT credit as inputs rather than being excluded as foundation or supporting-structure items; a Supreme Court ruling treating such metal sections used in fabrication as capital goods supersedes an earlier Larger Bench view denying credit, so eligibility depends on the specific factual use and must be verified against the controlling precedent. (AI Summary)
Whether metal channels, angles and bars used in installing a prefabricated storage structure qualify for CENVAT credit as inputs rather than being excluded as foundation or supporting-structure items; a Supreme Court ruling treating such metal sections used in fabrication as capital goods supersedes an earlier Larger Bench view denying credit, so eligibility depends on the specific factual use and must be verified against the controlling precedent. (AI Summary)