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cenvat

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(Querist)
10 November 2009 Can we take CENVAT Credit on fire & Safety items or Fire extinguishers as it is fall under Chapter heading 84
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ANIL JANGID

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ANIL JANGID (Expert)
11 November 2009 yes ,chapter no.84 defined under head of capital goods.
50% credit you should take in current fianacial yr.remaining credit in next fianacial yr.

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