Cenvat on inputs used in capital goods
This query is : Resolved
17 June 2013
Dear Experts,
My query is whether inputs used in making Capital Goods is eligible for CENVAT Credit or not
My query is whether inputs used in making Capital Goods is eligible for CENVAT Credit or not
17 June 2013
Cenvat (Central Value Added Tax) Credit is available of excise duty paid on input goods and service tax paid on input services and excise duty paid on capital goods.
¨ Instant Credit i.e. Cenvat credit of excise duty paid on input goods and service tax paid on input services is available immediately on receipt of goods or services without waiting for its consumption.
MORE INFO:
https://www.dateyvs.com/service-tax/cenvat-credit-and-service-tax/cenvat-credit-on-input-services-and-goods/
¨ Instant Credit i.e. Cenvat credit of excise duty paid on input goods and service tax paid on input services is available immediately on receipt of goods or services without waiting for its consumption.
MORE INFO:
https://www.dateyvs.com/service-tax/cenvat-credit-and-service-tax/cenvat-credit-on-input-services-and-goods/
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