https://www.taxtmi.com/forum/issue?id=5083 Cenvat credit on spare parts and components used with capital goods is allowable as capital goods credit: half the credit may be availed in the year of receipt and the balance in the next financial year, with the remaining claim subject to installation/putting to use; eligibility exists even if spares do not share the tariff heading of the capital good, and credit is available only to the extent that the input amounts to the manufacturer. en-us Thu, 20 Dec 2012 22:33:47 +0530 Thu, 23 Jan 2025 15:57:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5083 Cenvat credit on spare parts and components used with capital goods is allowable as capital goods credit: half the credit may be availed in the year of receipt and the balance in the next financial year, with the remaining claim subject to installation/putting to use; eligibility exists even if spares do not share the tariff heading of the capital good, and credit is available only to the extent that the input amounts to the manufacturer. Discussion-Forum Central Excise Thu, 20 Dec 2012 22:33:47 +0530 https://www.taxtmi.com/forum/issue?id=5083