Easy Office
LCI Learning

regarding cenvat credit

This query is : Resolved 

20 May 2011 Dear Sir,


Whether 100% cenvat credit be availed on goods which tariff heading is as per excise tariff is input goods but we treat in our books as capital goods.

20 May 2011 NO YOU CAN ONLY TAKE 50% IN THE SAME YEAR

20 May 2011 all goods are not eligible for capital goods, please check at CCR 2004 for clarification,

inputs other than classified as capital goods, if capitalized, then not eligible for any cenvat credit.






You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries