time limit for claiming exemptions
This query is : Resolved
Hiren Rupabhinda
(Querist)
06 January 2009
can any body tell what is the time limit for claiming credit for the excise duty paid for the pharmaceauticle company producing drugs etc.
06 January 2009
u can take credit on goods when u have received the goods.
in case of services- on payment.
capital goods- 50 % 1st year & balance next year.
in case of services- on payment.
capital goods- 50 % 1st year & balance next year.
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