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
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- Price inclusive or exclusive of GST while made entry in P& L Account
- Dep. as per companies act
- Minimum tax payable to file Updated return
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Applicability of GST on Salary Reimbursement Component
- GST ISSUE OF INPUT AND OUTPUT GST
- Tax rate change regarding
- UDIN ISSUE
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
