Cenvat credit on capital goods under cenvat rule 6 (3)a
This query is : Resolved
19 August 2014
Dear Sir,
We are a manufacturer of Polyester Yarn and remove the goods under notification 30/2004 and 29/2004.
So the department can allow the credit on Capital Items.
Kindly clarify.
Thanks
Robert
We are a manufacturer of Polyester Yarn and remove the goods under notification 30/2004 and 29/2004.
So the department can allow the credit on Capital Items.
Kindly clarify.
Thanks
Robert
CA Harshit Rastogi
(Expert)
20 August 2014
Yes, You can take credit on capital goods.
Rupesh Jain
(Expert)
22 August 2014
yes you can take the credit.
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