https://www.taxtmi.com/forum/issue?id=111391 Rule 2(k)(B) of the Cenvat Credit Rules excludes goods used for construction, works contracts, laying of foundations or making structures for support of capital goods from the definition of inputs; consequently duty paid on MS plate, angle, channel, beam and column used as supports for machines is not eligible for Cenvat credit. Separately, a storage tank acquired ready-made may be a capital good, but where fabricated captively within the factory no duty is payable and credit on duties for such captive construction does not arise. en-us Sat, 21 Jan 2017 09:13:14 +0530 Thu, 23 Jan 2025 15:56:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111391 Rule 2(k)(B) of the Cenvat Credit Rules excludes goods used for construction, works contracts, laying of foundations or making structures for support of capital goods from the definition of inputs; consequently duty paid on MS plate, angle, channel, beam and column used as supports for machines is not eligible for Cenvat credit. Separately, a storage tank acquired ready-made may be a capital good, but where fabricated captively within the factory no duty is payable and credit on duties for such captive construction does not arise. Discussion-Forum Central Excise Sat, 21 Jan 2017 09:13:14 +0530 https://www.taxtmi.com/forum/issue?id=111391