Cenvat credit on Softwares as capital goods
This query is : Resolved
13 July 2010
Dear Sir,
My query is whether 'Software' is a capital goods under CENVAT credit rules.
If YES, then cenvat credit of service tax paid on it 50% in the current year and 50% in next year.
If NO, then, whether cenvat credit of service tax paid on it can be availed as input service 100% in the current financial year itself.
And whether Output service provider can avail Cenvat Credit on software used in office like ERP or Tally etc.
My query is whether 'Software' is a capital goods under CENVAT credit rules.
If YES, then cenvat credit of service tax paid on it 50% in the current year and 50% in next year.
If NO, then, whether cenvat credit of service tax paid on it can be availed as input service 100% in the current financial year itself.
And whether Output service provider can avail Cenvat Credit on software used in office like ERP or Tally etc.
15 July 2010
NO one has reply !! surprised to see.
Dear Experts,
Kindly answer.
Dear Experts,
Kindly answer.
31 July 2023
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