our company is now estate(open) so can we take building in capital good (for excise modvat) in 23C part 1 and 2
pls reply urgent
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For capital goods
Replies (3)
Estate please clarify
Capital goods cenvat civered by excise definition and not by accouting entries further cenvat on items used in civil structure specifically disallowed
No you can not take the input credit. Building expenses not covered under CCR 2004.
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