Cenvat credit
This query is : Resolved
20 April 2010
Dear sir
Plz help me. My company business is Providing services as well as trading. I can use telphone for both Providing Services & Trading purpose. Now My qureries are:-
1) Can I claim cenvat credit on Telphone Bill full or Proporationate
2) If I claim then what will be ratio to claim cenvat credit?
Plz help me. My company business is Providing services as well as trading. I can use telphone for both Providing Services & Trading purpose. Now My qureries are:-
1) Can I claim cenvat credit on Telphone Bill full or Proporationate
2) If I claim then what will be ratio to claim cenvat credit?
24 April 2010
1. you can claim;
2. it is better if you proporationate on the % of turnover (Sales & Services)
2. it is better if you proporationate on the % of turnover (Sales & Services)
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
- Purchase of property from NRI
- Query related to CA/CS/CMA Firm
- NRI get transferred fund from his own Indian account to his foreign US account without any approval
- Seeing a huge entry in AIS Purchase of time deposits (SFT-005), what it is for
- CESS not claimed in GSTR3B either in inward supplies or outward supplies for the period Oct2025
- GST APPLICABILITY TO DIAGNOSTIC
- Value of Perquisite Sec.10 (10CC)
- How to pay tds on mhada property
- Income from F&O trading
- Eway bill and e invoice for exempt and nill rated goods
- Rejection of application U/s.119(2)(b) by PCIT
- Value of Perquisite Tax Borne by Employer
- Taxability and TDS treatment on Crypto futures
- Suggest proper Tax & TDS applicability on Crypto Futures
- Tax Demand of ₹4,650 for AY 2026-27
- ITR WITH 0 TURNOVER
- Multiple GST under same PAN
- 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
