https://www.taxtmi.com/article/detailed?id=1925 Capital goods under CENVAT Credit Rules include specified machinery, pollution control equipment, moulds, refractories, storage tanks and motor vehicles along with their components, spares and accessories when used in manufacture of final products or for providing output services; motor vehicles registered in the service provider's name and used for renting, transportation of inputs/capital goods, courier services, passenger transport or imparting driving skills qualify as capital goods, permitting CENVAT credit on the vehicles and related components, while credit for service tax on hiring, insurance and repair is confined to motor vehicles that qualify as capital goods and to manufacturers or insurers in relation to vehicles they manufacture or insure. en-us Wed, 17 Oct 2012 10:29:51 +0530 Fri, 22 Aug 2025 23:27:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1925 Capital goods under CENVAT Credit Rules include specified machinery, pollution control equipment, moulds, refractories, storage tanks and motor vehicles along with their components, spares and accessories when used in manufacture of final products or for providing output services; motor vehicles registered in the service provider's name and used for renting, transportation of inputs/capital goods, courier services, passenger transport or imparting driving skills qualify as capital goods, permitting CENVAT credit on the vehicles and related components, while credit for service tax on hiring, insurance and repair is confined to motor vehicles that qualify as capital goods and to manufacturers or insurers in relation to vehicles they manufacture or insure. Articles Service Tax Wed, 17 Oct 2012 10:29:51 +0530 https://www.taxtmi.com/article/detailed?id=1925