capital goods credit
This query is : Resolved
21 June 2010
dear sir ,
i have purchase capital goods but my unit is not start yet,but i have to file my return in department, so how much duty amount i have to show in my monthly return, is it 50% or 100%
i have not utilise my duty in present time.
if i am not utilise this duty,then i show 100% duty in my return
pls give me your sugession with your mobile no.
regards,
DILIP SOLANKI
i have purchase capital goods but my unit is not start yet,but i have to file my return in department, so how much duty amount i have to show in my monthly return, is it 50% or 100%
i have not utilise my duty in present time.
if i am not utilise this duty,then i show 100% duty in my return
pls give me your sugession with your mobile no.
regards,
DILIP SOLANKI
22 June 2010
DEAR DILIP
IN MONTHLY RETURN SHOW 50 % ONLY,
NEXT YEAR SHOW BALANCE 50 % CREDIT.
IF NOT USING OF FIRST YEAR 50 % CREDIT YOU WILL CARRY FORWARD TO NEXT YEAR.
IN MONTHLY RETURN SHOW 50 % ONLY,
NEXT YEAR SHOW BALANCE 50 % CREDIT.
IF NOT USING OF FIRST YEAR 50 % CREDIT YOU WILL CARRY FORWARD TO NEXT YEAR.
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