CENVAT Credit - Service Tax - Spares of Motor Vehicles and Dumpers included in Capital Goods

By Vijay Kumar

MOTOR Vehicles and dumpers or tippers used for providing certain output services are defined to be Capital Goods on which CENVAT Credit can be availed.

Now, components, spares and accessories of motor vehicles, dumpers or tippers, are also included.

Notification No. 29/ 2010-Central Excise (N. T.), Dated : September 24, 2010