Cenvat credit on capital goods
This query is : Resolved
24 July 2013
One company manufactures excisable goods
The company is in initial stage and having capital work in progress on which cenvat input is available
How to claim credit
The company has no manufacturing during the current year but has capitalization
The company is in initial stage and having capital work in progress on which cenvat input is available
How to claim credit
The company has no manufacturing during the current year but has capitalization
25 July 2013
Hello,
you are eligible to claim Cenvat Credit on Capital goods upto 50% in the year of receipt and balance in the subsequent year.
So you can claim the same without any doubt.
you are eligible to claim Cenvat Credit on Capital goods upto 50% in the year of receipt and balance in the subsequent year.
So you can claim the same without any doubt.
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- Treatment of Pension ?annuity returns on PMVY
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- STCG FOR GOLD ETFs
- LTCG for Assmt year 26-27
- Loan by Partnership Firm
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
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
