eletric cable

[SHARMA NARAYAN]

Can we take cenvat credit on electric cable which is use in allover factory premises for lighting everything

AI Summary

CENVAT Credit Eligibility Confirmed for Electric Cables Used in Factory Lighting, Classified as Capital Goods Under Chapter 85. A user inquired about the eligibility of taking CENVAT credit on electric cables used throughout a factory for lighting. Two respondents agreed that CENVAT credit can be claimed. The first respondent expressed the view that it may be taken, while the second respondent concurred, stating that electric cables, classified under Chapter 85, qualify as capital goods and are therefore eligible for credit.