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Capital goods cevat credit

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(Querist)
11 July 2012 dear sir
my query is we have purchase capital goods last financial year and we have take 50% credit in last year but next financial year we are not take credit 50% in RG23C Part II, we are take credit in this month is that possible.
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C.A Anshul Singhal

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C.A Anshul Singhal (Expert)
11 July 2012 yes you can take cenvat credit in next financial year.

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