Can a company can be taken CENVAT receivable on it's sale of machinery. company is not in trade of machinery.
cenvat can we taken on office maintanenca?
Any detailed information on Cenvat credit please post me.
Menu
CENVAT
Replies (3)
Be specific.. i didnt get your query
hello
cenvat credit can be claimed only by a manufacturer and not by trader. I think u get ur ans 4m that
In case of manufacturer, Cenvat credit obtained on purchase of machinery is to be refunded in the year of sale if such sale is within 1 year of availment . A trader of machinery is not entitled to avail cenvat credit. No cenvat credit is available on office maintenance.
Recent Threads
- 80C deductions not being allowed in ITR2 for old r
- Unable to submit ITR 1 return
- Direct Tax(Income from Salary)
- Income from House Property or Business
- 44ADA Business code 14005
- How to rectify Form 67 that is already submitted
- Which year to consider for Property tax if sold af
- Itr form for nil tax return
- FSI & FA for RSU Sale in ITR-2
- Capital gains taxation query vip 1
Related Threads
CAclubindia
