TaxTMI 
TaxTMI 
Dear All
can we take cenvat credit on DRAWING vALUE which is add in Assessable Value
DRAWING VALUE
13 Feb 2017 
6 Replies 
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CENVAT credit allowed for drawing or design charges when duty or service tax is paid and they relate to manufacture.
The addendum known as drawing value or design charges is includible in the transaction value of manufactured goods when related to the goods under assessment; service tax paid on such drawing/design services used in manufacture may be availed as CENVAT credit. Where design and drawing are treated as goods, duty paid on them can be taken as CENVAT credit, subject to the requirement that the charges or goods relate specifically to the assessed goods. (AI Summary)
The addendum known as drawing value or design charges is includible in the transaction value of manufactured goods when related to the goods under assessment; service tax paid on such drawing/design services used in manufacture may be availed as CENVAT credit. Where design and drawing are treated as goods, duty paid on them can be taken as CENVAT credit, subject to the requirement that the charges or goods relate specifically to the assessed goods. (AI Summary)