Cenvat credit

[Guest]

Dear Sr, We are a manufacturing unit we are doing a forging activity we have Bogie Furnace for heat treatment and other activity we have purchase Tray casting for our Furnace under chapter heading 73259920 my question is shall i take the cenvat benifit for that Tray cating the name of the Excisable goods is Casting & casting articles of Alloy Steel under chapter heading 73259920 we have use that tray for heat treatment and other activity job in the furnace please tell me shall we take the cnevat in capital goods.

[Surender Gupta]

Your query needs detailed analysis and study.

AI Summary

Cenvat credit eligibility for tray castings used in heat treatment requires detailed analysis before allowing capital goods credit. Manufacturer asks whether Cenvat credit may be claimed on a tray casting (chapter heading 73259920) used in a bogie furnace for heat treatment, questioning if it qualifies as capital goods; respondent states the matter requires detailed analysis.