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Can we avail cenvat credit on capital goods before commencement of production?

This query is : Resolved 

25 November 2014 respected sir please tell me whether we can avail cenvat credit on capital goods before commencement of production? under which section?

25 November 2014 yea you can avail the cenvat

26 November 2014 you can avail the credited on capital goods 50% in which year when received the goods . bal. 50% in next year.


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