Applicability of Cenvat

This query is : Resolved 

05 November 2009 Plz may I know whether we can avail cenvat on purchase of Generator(D.G.Set)

06 November 2009 Yes, you can take CENVAT credit on Generator Set, in the same way as you take for capital goods, 50% in the current year and 50% in the next year



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