Excise paid on capital goods
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 September 2015
Dear experts,
we are registered in excise and we have paid excise on capital goods, plz let me know can we avail 100% cenvat credit on capital goods in this FY 2015-16,
thanx & regard
Tanvi solanki
we are registered in excise and we have paid excise on capital goods, plz let me know can we avail 100% cenvat credit on capital goods in this FY 2015-16,
thanx & regard
Tanvi solanki
Arun Kumar Singh
(Expert)
24 September 2015
Only SSI unit can avail 100% cenvat credit on capital goods other wise you need to take 50% current period and remaining next financial year.
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