Changes in Input & Capital Defination
This query is : Resolved
Swapnil Khardkar
(Querist)
04 May 2011
Dear all,
Please let me know is there any changes in defination of Input & capital goods defination.
i heard that there is change in defination in capital goods, like this......
material like parts, components, spares are posted in capital as per excise. but i heard that these can be treated as Raw material means we can take full credit. i read the defination but i dosent find anything so please let me know if there is any changes.
thanks.
Please let me know is there any changes in defination of Input & capital goods defination.
i heard that there is change in defination in capital goods, like this......
material like parts, components, spares are posted in capital as per excise. but i heard that these can be treated as Raw material means we can take full credit. i read the defination but i dosent find anything so please let me know if there is any changes.
thanks.
Madhukar N Hiregange
(Expert)
09 May 2011
Please read detailed article in this reagrd in articles section
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