Capital goods.
This query is : Resolved
11 December 2009
Dear Sir,
1)We have purchased machine on 05.10.09 and its started (wirking condition) on 15.10.09.
When we was taken 50% credit? 05.10.09 OR 15.10.09.
2) Machine in working condition certificate is compulsory for excise audit?
Please help me.
Thanks in advacne.
Regards,
Rajendra Ahire
1)We have purchased machine on 05.10.09 and its started (wirking condition) on 15.10.09.
When we was taken 50% credit? 05.10.09 OR 15.10.09.
2) Machine in working condition certificate is compulsory for excise audit?
Please help me.
Thanks in advacne.
Regards,
Rajendra Ahire
11 December 2009
Cenvat credit will take on 15.10.09 and production register for proof is sufficient for that.
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