WHETHER CENVAT CREDIT IS AVAILABLE WHEN FIXED ASSETS (LIKE MOBILE PHONES) ARE IN THE NAME OF EMPLOYEES... IN THE CASE OF PUBLIC SECTOR UNDERTAKING.....
TARUN ARORA (Fresher CA) (132 Points)
10 April 2012WHETHER CENVAT CREDIT IS AVAILABLE WHEN FIXED ASSETS (LIKE MOBILE PHONES) ARE IN THE NAME OF EMPLOYEES... IN THE CASE OF PUBLIC SECTOR UNDERTAKING.....
Satish
(CA Final Student)
(479 Points)
Replied 10 April 2012
For such assets, you do not get excise invoice, so no credit is available
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