Excise cenvat credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 October 2015
Dear experts
Please clarify weather excise cenvat paid on capital goods can be claimed 100% in this FY or not, if not then 50% will be claimed in next FY, please clarify the conditions for the same..
Thanx & Regard
Kamal Soni
Please clarify weather excise cenvat paid on capital goods can be claimed 100% in this FY or not, if not then 50% will be claimed in next FY, please clarify the conditions for the same..
Thanx & Regard
Kamal Soni
31 October 2015
Yes it can be claimed 50% in the first year and balance 50% in next year
31 October 2015
Yes it can be claimed 50% in the first year and balance 50% in next year
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