Manufactured storage tank can be claim as capital goods
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 September 2016
Sir,
We are in Manufacturer, for additional Storage purposes we fabricated Steel& iron. Manufactured Storage Tank for Own Purposes. for Ease of Manufacturing......
My Doubt is Whether can we avail the Cenvat Bill of Steel and iron used in manufactured of storaged tank..
reply.......
Thanks in ADVANCE........
We are in Manufacturer, for additional Storage purposes we fabricated Steel& iron. Manufactured Storage Tank for Own Purposes. for Ease of Manufacturing......
My Doubt is Whether can we avail the Cenvat Bill of Steel and iron used in manufactured of storaged tank..
reply.......
Thanks in ADVANCE........
13 September 2016
Yes, you can take the cenvat credit on storage tank as a capital goods.
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
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- TDS on Consultancy- Non DTAA
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Rental income gst and it purpose
- Management System (IMS)
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- EPF FULL & FINAL RULES IN 2026
- FTS Taxable under 115A
- Experts need help
- Goods sold but invoice not issued
- 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
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
