I would like to know, can we avail credit on inputs available in ssi unit, when we started chrging excise duty for sale after completing 1.5 cr. turnover ?
pl advise.
Menu
cenvat credit in ssi exempted unit
Replies (1)
yes you can take credit of input which was used in manufacturing of goods after 1.5 lacs turnover.
however for credit of capital goods there is no such requirement.it will be taken as per Rule 4(2) of CCR 2004
Recent Topics :
- Utilising Section 54(F) for capital gains reinvest
- GST ewaybill closure and Bill to ship to GST numbe
- TDS ON PARNTER INTEREST
- Share important chapters of ca inter costing
- Free CA Foundation Study Material - PYQs with Sugg
- INCOME TAX
- Moving from old to new tax regime after notice
- Need urgent help on notice
- ITR-3 - F&O Loss adjusted against business inc
- Error - Blank Rows in Schedule SI (ITR-2)
Related Topics :
CAclubindia
