cenvat credit
This query is : Resolved
19 June 2008
I m Working in Service providing Firm.
i want to know wether Cenvat credit is available on Capital goods like Computers etc and
i want to know wether Cenvat credit is available on Capital goods like Computers etc and
19 June 2008
Yes..U can Cenvat credit on capital goods ,but u can take only 50% in the year of Purchase and the balance 50% in the next year..
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