Ours is a newly established SSI unit,
We have procured Plant and Machinery under Capital Goods ,
Iam told the CENVAT credit can availed upto only 50% in the current financial year and rest in subsequent year , which also to be reflected in the ER1 return.
But our consultant says SSI units can avail 100% credit in the first year only .
.( 6/2010 dt.27-02-2010 second / third proviso to Rule 4(2)(a) as inserted w.e.f 1-4-2010 )
Iam not sure pl guide me with GO copy
Thanks & Regards !
VR Manohar
9866577671
Dear Sir,
If price difference takes place against purchase of excisable goods, then excise is applicable for such price difference ?
DEAR SIR
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Dear Expert,
After Online filing of ER-1 or ER-3 , can documents submited to excise department for acknowledgement,
if No ... So give me a notification regarding this case,
reply urgent
Regards
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SIR
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What is the time limit for submission of Proof of Export,?
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Dear Friends
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Please suggest me whether he is liable to registration under central excise or not
Cenvat credit on capital goods for ssi unit