Amendments In Cenvat Credit And Excise
Cenvat Credit Rules 2004
Rule 1. Short title, extent and commencement. –
(1) These rules may be called the CENVAT Credit (Amendment) Rules, 2010.
(2) They shall come into force on the date of their publication in the Official Gazette.
Rule 2. Definitions. –
In these rules, unless the context otherwise requires,-
(a) “capital goods” means:-
(A) the following goods, namely:-
(i) all goods falling under Chapter 82, Chapter 84, Chapter 85, Chapter 90, heading No. 68.05 grinding
wheels and the like, and parts thereof falling under heading 6804 of the First Schedule to the Excise
(ii) pollution control equipment;
(iii) components, spares and accessories of the goods specified at (i) and (ii);
(iv) moulds and dies, jigs and fixtures;
(v) refractories and refractory materials;
(vi) tubes and pipes and fittings thereof;
(vii) storage tank; and
(viii) motor vehicles other than those falling under tariff headings 8702, 8703, 8704, 8711 and their
chassis but including dumpers and tippers, used-
(1) in the factory of the manufacturer of the final products, but does not include any equipment or
appliance used in an office; or
(1A) outside the factory of the manufacturer of the final products for generation of electricity for
captive use within the factory; or”;
(2) for providing output service;
(B) motor vehicle designed for transportation of goods including their chassis registered in the name
of the service provider, when used for-
(i) providing an output service of renting of such motor vehicle; or
(ii) transportation of inputs and capital goods used for providing an output service; or
(iii) providing an output service of courier agency”
(C) motor vehicle designed to carry passengers including their chassis, registered in the name of the
provider of service, when used for providing output service of-
(i) transportation of passengers; or
(ii) renting of such motor vehicle; or
(iii) imparting motor driving skills”
(D) Components, spares and accessories of motor vehicles which are capital goods for the assesse.
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