Cenvat credit on stores consumed
This query is : Resolved
01 March 2014
Whether CENVAT credit on stores and spares consumed (considered as revenue expenditure) can be avail 100% in the current year or 50% in current year and 50% in next year?
01 March 2014
On capital goods you can take the cenvat credit in two parts and SSI unit can avail the cenvat credit on capital goods complete in 1 year.
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