Cenvat recoverable or not
This query is : Resolved
23 April 2016
Dear Sir,
we are going to purchase LED lights for our new plant , and it will be used in whole building , road etc. the chapter heading as per bill is 94. whether it is claimable as capital goods or not.
Manas Dash
we are going to purchase LED lights for our new plant , and it will be used in whole building , road etc. the chapter heading as per bill is 94. whether it is claimable as capital goods or not.
Manas Dash
23 April 2016
chapter heading of 82 84 85 90 6801 and 6802 will be treated as capital goods heading. these can be capitalised under electrical installation but as per excise concerned
Message likes :
1 times
23 April 2016
100 % input can be availed in first year
Message likes :
1 times
17 September 2016
Cenvat credit can not be availed on this as these LEDs are not falling under input credit definition.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Where to show the RCM on Rent paid to unregistered landlord
- Form 26QB for TDS on property
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Is Aadhar PAN linking required for opening bank account?
- Legal heir raised refund , but refund issued to the closed account of deceased.
- TDS NUMBER SURRENDER
- Whether still royalty
- Offsetting interest income against derivative trading losses
- SEC 54 OF IT ACT
- RCM - commercial rent paid to URP under GST
- Gratuity Withdrawls
- DEMAND ORDER
- Amendment of September 2021 Invoice
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
