https://www.taxtmi.com/forum/issue?id=110349 The document advises that refractory materials invoiced by weight should be classified as capital goods where the aggregate invoice value exceeds the per-piece threshold that determines input treatment; this provides clearer accounting and audit positions. It also states that CENVAT credit for such capital goods must be claimed in a staggered fashion, with part credit in the year of purchase and the remainder in the following year, consistent with capital goods credit apportionment rules. en-us Fri, 13 May 2016 18:55:43 +0530 Thu, 23 Jan 2025 15:56:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110349 The document advises that refractory materials invoiced by weight should be classified as capital goods where the aggregate invoice value exceeds the per-piece threshold that determines input treatment; this provides clearer accounting and audit positions. It also states that CENVAT credit for such capital goods must be claimed in a staggered fashion, with part credit in the year of purchase and the remainder in the following year, consistent with capital goods credit apportionment rules. Discussion-Forum Central Excise Fri, 13 May 2016 18:55:43 +0530 https://www.taxtmi.com/forum/issue?id=110349