cenevat on tipper spareparts-under site formaton & clearenc

I feel, certainly Cenvat Credit is available. If these are used for rendering taxable service, there is no reason to deny Cenvet Credit. Spare Parts are Capital Goods for the purpose of Cenvat. 50% of cenvat will be available in the year of receipt and the balance thereafter.

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cenevat on tipper spareparts-under site formaton & clearenc

venkat chowdary

Shyam Lal Naik

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cenevat on tipper spareparts-under site formaton & clearenc

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