Regarding credit of capital goods
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 November 2009
An capital goods item has been purchased and being installed at head office of the company.
whether the CENVAT credit of such capital goods can be taken at factory records as the location of the factory preimise is at other place?
whether the CENVAT credit of such capital goods can be taken at factory records as the location of the factory preimise is at other place?
22 November 2009
cenvat credit on capital goods not applicable because installed at H.O.
The capital goods should be installed at factory to use produce exciseable goods.then you can take the CENVAT credit of such capital good.
cenvat credit on capital goods not applicable because installed at H.O.
The capital goods should be installed at factory to use produce exciseable goods.then you can take the CENVAT credit of such capital good.
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
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- LIABILITY ADJUSTMENT
- ITR-3 File/Error Found
- Due Date Clarity
- Accounting with Claude
- TDS _Long term Capital Gain ref.sec 214 Table 2
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- TDS offline utility
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
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
