Cenvat recoverable or not
This query is : Resolved
23 April 2016
Dear Sir,
we are going to purchase LED lights for our new plant , and it will be used in whole building , road etc. the chapter heading as per bill is 94. whether it is claimable as capital goods or not.
Manas Dash
we are going to purchase LED lights for our new plant , and it will be used in whole building , road etc. the chapter heading as per bill is 94. whether it is claimable as capital goods or not.
Manas Dash
23 April 2016
chapter heading of 82 84 85 90 6801 and 6802 will be treated as capital goods heading. these can be capitalised under electrical installation but as per excise concerned
Message likes :
1 times
23 April 2016
100 % input can be availed in first year
Message likes :
1 times
17 September 2016
Cenvat credit can not be availed on this as these LEDs are not falling under input credit definition.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Difference between Date of Payment and Date of Deduction?
- ITDS U/S.194T of Firm
- Unregistered suppliers utility
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Non-Compliance documents have not been submitted by the contractors debited
- EXPORT COMMERCIAL INVOICE HSN CODE
- GST Rate for Catering Services
- FCRA 6 E- Intimation
- NRI starting business in India
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- Filling ITR - U
- Form 140 tds
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
