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 availability on TMT bar and cement affirmed subject to compliance with Cenvat Credit Rules and input conditions. Both TMT bar and cement are treated as eligible inputs for manufacturers and service providers, but availability of Cenvat credit depends on their characterization as inputs, the absence of material-specific deduction or exclusion under relevant notifications, and compliance with the qualifying conditions of the Cenvat Credit Rules, 2004.