Cenvet Credit
This query is : Resolved
Ashok Kumar Vyas
(Querist)
13 October 2009
I'm working as Senior Accountant working in a Company who machining Loco Wheel and Axcel which covered under chapter 84. We purchase tools like Screw, Tungstone which is fall under chapter 8209,8466. Now The Superintend of C.E. deny Cenvet Credit on Material. Pls suggest me whether We can avail Cenvet Credit on these Items.
Ram Avtar Singh
(Expert)
13 October 2009
You can take cenvat credit 50% in RG23C Part-II, because its nature of TOOLS & DIE
and balance 50% credit avail in next Year.
and balance 50% credit avail in next Year.
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
- ETDS return q4 25-26
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
