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cenvat credit

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25 July 2009 Dear Sir,
pl.guide me in case of cenvat credit.

i am working as a accountant in foundry industries.my excise registration is in may 2008 but i have purchase some asset material (moulds & Patterns) in feb & march 08 .Then i availed cenvat in May 2008 when my registration is complete.

is it write ?


Regards,

Vinod.

27 July 2009 Yes



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