Capital goods Cenvat Credit

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Dear All

We are purchase of Capital goods(tools), and cenvat credit availed 50% of this year and another 50% next finacial year.

Because in our case that capital goods(Tools) Same year  raise the Export invoice and amount Realise to our bank account but capital goods laying in our Factory only, this capital goods used for manufacturing of export item to particular party only.

in this case what producer will be fallowed  for Cenvat matter

Plz gauide me it is very urgent

Replies (1)
unless u clear the capital goods from your factory, your accounting is right.


CCI Pro

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