CENVAT Credit


This query is : Resolved 

23 June 2009 Whether Cenvat credit on service tax on account of contractors bill for capital goods are available in the same year or the same is to be utilised 50% in current year & 50% in next year as in case of Excise Duty?

23 June 2009 Query not clear.
Who has got the capital goods for which purpose are they to be used?

Jiwan singh (Expert)
23 June 2009 50% current year 50% next year


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