Cenvat credit
This query is : Resolved
04 July 2012
we have purchased capital goods from India and from other counntry Mining Equipments and Mining Commercial vehicles for providing output service(buisness Auxilary Service)in 2011-2012.But we want to take cenvat credit(Excise Duty,Cess,CVD,Cess) in 2012-2013 against our taxable output service.We have submitted our return ST-3 upto March-2012.
Can we take 100 % Cenvat credit in 2012-2013 showing cenvat credit in 20i2-2013.
What Documents and register to be maintained ?
Can we take 100 % Cenvat credit in 2012-2013 showing cenvat credit in 20i2-2013.
What Documents and register to be maintained ?
05 July 2012
Yes 100 % tax credit can be claimed from Second Year if Output ST liability is paid by yuor comany @ full rate and not after availing abatement.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- Can we choose not to report losses in ITR3 if they cannot be carried forward?
- GST Rate for Catering Services
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- ITR 4 and Bank transactions
- RATE AND HSN CODE
- HOUSING LOAN ISSUE
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
