Cenvat credit on input used to manufacture capital goods

[Vikash Kumar]

Is Cenvat credit permissible on input used to manufacture capital goods ?

AI Summary

Cenvat credit permissible for inputs used in manufacturing capital goods subject to definition and declaration requirements.
Cenvat credit on inputs used to manufacture capital goods is permissible where the goods qualify as capital goods under the Cenvat Credit Rules, and the manufacturer complies with the notification-based declaration and intimation requirements for in-house manufacture and captive consumption in order to lawfully avail the credit.