What percentage of set off should be consider for imported capital goods as well as capital goods not imported
Excise Cenvat for capital goods
(Guest)
Manoj Nivdunge
(Service)
(75 Points)
Replied 04 October 2009
for DTA capital good u can take credit 50% in current Financial Year and remainig 50% next Financial year
P.Bashista
(Advocate)
(367 Points)
Replied 04 October 2009
Or you can take whole credit in the next financial year if you do not take 50% credit in the current financial year.
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