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Cenvet credit

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(Querist)
12 January 2013 If Company's Production is not yet started. But, for the Business Company has incurred some travelling expenses. So, whether Company can claim service tax paid on such expenses even if production is not yet started?
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CA AYUSH AGRAWAL

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CA AYUSH AGRAWAL (Expert)
12 January 2013 Yes You Can Avail CENVAT Credit of Same, and Accumulation After That Adjust With Output Liability after Production Starting.

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