eletric cable

[SHARMA NARAYAN]

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

[DR.MARIAPPAN GOVINDARAJAN]

In my view it may be taken.

[KASTURI SETHI]

Yes I agree with Sh.Mariappan Govindarajan Sir. Electric cable falls under Chapter 85 and it is eligible for credit as capital goods.

AI Summary

CENVAT credit eligible for electric cables used in factory lighting, treated as capital goods enabling input tax credit.
Electric cables used for lighting throughout factory premises are eligible for CENVAT credit when treated as capital goods, permitting claim of input tax paid on their acquisition, subject to the general conditions and compliance applicable to capital goods and CENVAT credit mechanisms.