Full Cenvat Credit on CAPITAL GOODS in 1st year

12:45 Full CENVAT credit on Cap Goods in 1st Year itself: Ernst & Young

Dear Sir(s),

Please Clarify my doubt; 

What is the present status of Cenvat Credit on Capital Goods for availment in a Financial Year.


Replies (3)

50% in first year n 5o% in second year

yup...  Isha is right..........

right

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