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Cenvat credit

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(Querist)
16 March 2017 Can we take cenvat credit on machinery on which we have claimed depreciation for two month in preceding financial yr
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vaibhav singhi

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vaibhav singhi (Expert)
16 March 2017 Yes 50% in first year balance in next year
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Dipesh

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Dipesh (Expert)
26 March 2017 make sure depreciation is not claimed on duty part.




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