https://www.taxtmi.com/circulars?id=8195 Admissibility of credit on capital goods is limited to items that are excisable goods falling within the capital goods definition and used in the manufacturer's factory. Inputs qualify for credit only if covered by the input definition and used in or integrally connected with actual manufacture. Credit on inputs used to make capital goods is allowed when those capital goods are used in the factory, but excludes materials used for laying foundations, constructing sheds or support structures (e.g., cement, steel sections) and excludes inputs used for repair and maintenance; the cited amendment is retrospective. en-us Thu, 08 Jul 2010 00:00:00 +0530 Mon, 09 Jan 2012 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8195 Admissibility of credit on capital goods is limited to items that are excisable goods falling within the capital goods definition and used in the manufacturer's factory. Inputs qualify for credit only if covered by the input definition and used in or integrally connected with actual manufacture. Credit on inputs used to make capital goods is allowed when those capital goods are used in the factory, but excludes materials used for laying foundations, constructing sheds or support structures (e.g., cement, steel sections) and excludes inputs used for repair and maintenance; the cited amendment is retrospective. Circulars Service Tax Thu, 08 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8195