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Credit on Capital Goods below 10000

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(Querist)
21 September 2016 Is there any provision regarding 100℅ cenvat credit on Capital goods below 10000 per PC in the current year??
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Rajannaidu

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Rajannaidu (Expert)
21 September 2016 Budget 2016, Cenvat credit Rule-2004 has been amended and according to that below amount of 10000 value of capital Goods we can take credit of 100% i.e as a input. refer Notification No. 13/2016 -CE ( NT ) dated.1st March 2016
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Rishabh Chopra

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Rishabh Chopra (Querist)
24 September 2016 thank you sir :)




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