19 August 2011
Company reimburses mobile bills and telephone connections to employee, bill is raised in the name of employee c/o company i.e company's name is also inscribed in it.does it eligible for Cenvat Credit under new cenvat credit scheme?
19 August 2011
yes. in the case of Wiptech Peripherals Vs CCE(2009)19 Ahd, CESTAT SMB),It was held that CENVAT credit on mobiles phones will be eligible even if the cell phones are in the name of employees, if the phone is used for business of assessee