Cenvat Credit
This query is : Resolved
10 February 2011
Sir,
How to calculate the Debit Entry of Cenvat Credit on inputs and Capital Goods & Debit Entry of Input service Credit (i.e, credit utilized) ?
Kindly reply
How to calculate the Debit Entry of Cenvat Credit on inputs and Capital Goods & Debit Entry of Input service Credit (i.e, credit utilized) ?
Kindly reply
10 February 2011
Credit can be taken on payment basis. you keep 2 ledgers while making bill enttry debit one ledger and after payment you transfer the credit to one more ledger and utilise the same
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10 February 2011
Ramesh Sir,
Kindly give your email-ID I will attach the excel sheet and ask question from it and my email ID is mrsamal1@yahoo.com
Kindly give your email-ID I will attach the excel sheet and ask question from it and my email ID is mrsamal1@yahoo.com
10 February 2011
r.krishnanblr@gmail.com
10 February 2011
Sir,
Suppose We took 50% Cenvat Credit on Capital Goods this year and balance 50% in next year. My question is that balance 50% credit in the month of April of next year or same month i.e. April'09 in April'10 , May'09 in May'10 & so on.
Kindly reply.
Suppose We took 50% Cenvat Credit on Capital Goods this year and balance 50% in next year. My question is that balance 50% credit in the month of April of next year or same month i.e. April'09 in April'10 , May'09 in May'10 & so on.
Kindly reply.
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