TaxTMI 
TaxTMI 
Dear sir,
We bought the material Steel Plate which is used in fabrication - maintenance yard. Is it eligible for take cenvat credit or not ?
Cenvat credit on Plate
02 Dec 2014 
2 Replies 
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Cenvat credit eligibility for steel plates depends on whether use is fabrication-related or maintenance-yard non-input use.
Cenvat credit on steel plates depends on their factual use: plates integrally used in or closely related to fabrication work may be eligible as inputs, while plates procured for a maintenance yard-treated as neither capital goods nor production inputs-are not eligible for Cenvat credit. Classification and the purpose of use control entitlement. (AI Summary)
Cenvat credit on steel plates depends on their factual use: plates integrally used in or closely related to fabrication work may be eligible as inputs, while plates procured for a maintenance yard-treated as neither capital goods nor production inputs-are not eligible for Cenvat credit. Classification and the purpose of use control entitlement. (AI Summary)