TaxTMI 
TaxTMI 
Dear sir,
can we take cenvat credit on MS PLATE, ANGEL , CHANE, BEAM, COLUMN which is used in MECHANICAL DEPT for support to machine of making structure of machine for material handling in RG23A PART-II C
Pls Reply
MS PLATE CHANEL AMGEL BEAM COLUMN
21 Jan 2017 
8 Replies 
1199 Views Asked by
Cenvat credit exclusion for construction-related goods bars credit on metal plates and beams used as machine supports in manufacturing.
Rule 2(k)(B) of the Cenvat Credit Rules excludes goods used for construction, works contracts, laying of foundations or making structures for support of capital goods from the definition of inputs; consequently duty paid on MS plate, angle, channel, beam and column used as supports for machines is not eligible for Cenvat credit. Separately, a storage tank acquired ready-made may be a capital good, but where fabricated captively within the factory no duty is payable and credit on duties for such captive construction does not arise. (AI Summary)
Rule 2(k)(B) of the Cenvat Credit Rules excludes goods used for construction, works contracts, laying of foundations or making structures for support of capital goods from the definition of inputs; consequently duty paid on MS plate, angle, channel, beam and column used as supports for machines is not eligible for Cenvat credit. Separately, a storage tank acquired ready-made may be a capital good, but where fabricated captively within the factory no duty is payable and credit on duties for such captive construction does not arise. (AI Summary)