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Capital Goods

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(Querist)
13 January 2011 Dear Sir
I' have a problem regarding credit on Capital Goods, is it 100% credit can be taken in same year or not for a manufacturing concer, please give the notification regard 50 or 100 percent rules.
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
13 January 2011 maximum 50% can be availed in first year.

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