Cenvat credit availability on TMT Bar and Cement

[Guest]

is cenvat credit available on TMT Bar and Cement (either to manufacturer or service provider) urgent

[Madhukar N Hiregange]

The aqctivity done by you is important. If you are a servcie provider / manufacturer and the cement TMT bar is an input and no deduction of materials availed such as 1/2006 or 12/2003 then maybe available

[Surender Gupta]

Yes, both the items are eligible inputs in the hands of manufacturer as well as service provider. You may avail the credit subject to other conditions of the Cenvat Credit Rules, 2004.

AI Summary

Cenvat Credit Eligibility for TMT Bars and Cement: Conditions Under Cenvat Credit Rules, 2004 Discussed A query was raised regarding the availability of Cenvat credit on TMT bars and cement for manufacturers or service providers. One response indicated that the eligibility for credit depends on the nature of the activity and whether any material deductions are claimed under specific notifications. Another response confirmed that both items are eligible as inputs for credit, provided other conditions of the Cenvat Credit Rules, 2004, are met.