We can avail cenvat credit on lease capital item
This query is : Resolved
04 July 2012
Sir,
Please tell me we can avail cenvat credit on capital item which is on lease.
If we can avail then which types invoice will be received by us.
Please tell me we can avail cenvat credit on capital item which is on lease.
If we can avail then which types invoice will be received by us.
05 July 2012
Yes, as lessee you can avail cenvat credit subject to invoice issued under rule 11 of CER 2000 is issued.
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