100% cenvat credit on cap. goods can be utilised first year?

This query is : Resolved 

15 December 2010 Please advise now we can utilise 100% cenvat credit on capital goods purchased in the first year or still we need to deffer 50% to next year.
Thanks in anticipation
Ramesh

15 December 2010 Capex U Can Use Only 50 % of Credit only on first then next year balance 50%

Thanks



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