cenvat credit on oil
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 July 2010
dear friends,
can cenvat credit be availed on oil(consumable goods) as capital goods @50%.
can cenvat credit be availed on oil(consumable goods) as capital goods @50%.
26 July 2010
cenvat credit sis available on oil as normal purchase(consumable).
It is not capital goods
you can use 100% cenvat credit on the same year.
It is not capital goods
you can use 100% cenvat credit on the same year.
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