https://www.taxtmi.com/forum/issue?id=2743 Cenvat credit is available on duties and cesses on imported capital goods, including countervailing duty, cess on CVD, SHE cess on CVD and additional customs duty, though specific components may be available to differing extents; however, credit for capital goods must be disallowed to the extent the value of those goods represents duty claimed as depreciation under the Income-tax law, creating a required reversal to align Cenvat credit with depreciation claims. en-us Fri, 04 Feb 2011 13:45:50 +0530 Thu, 23 Jan 2025 15:58:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2743 Cenvat credit is available on duties and cesses on imported capital goods, including countervailing duty, cess on CVD, SHE cess on CVD and additional customs duty, though specific components may be available to differing extents; however, credit for capital goods must be disallowed to the extent the value of those goods represents duty claimed as depreciation under the Income-tax law, creating a required reversal to align Cenvat credit with depreciation claims. Discussion-Forum Central Excise Fri, 04 Feb 2011 13:45:50 +0530 https://www.taxtmi.com/forum/issue?id=2743