Cenvat credit on research and development exp
This query is : Resolved
Suresh Kumar
(Querist)
17 September 2015
Hi
Can you claim cenvat credit on research and development expenses. thanks
Prabhat Kumar
(Expert)
17 September 2015
any service in or in relation to manufacturing of a good whether directly or indirectly is eligible for CENVAT.You can claim credit.
CA Sandeep Kumar
(Expert)
17 September 2015
Please go through the definition of Input Service in CENVAT credit Rules 2004 for better understanding. I think this will be eligible.
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