puerchase of capital goods

This query is : Resolved 

08 July 2008 i purchase capital goods
value 10000
Excies 14% 1400
Vat@ 4% 400
------
11800
-------
How much ? i will treated as assets
Whole Amount (or) With out Excies duty and vat ( why i ask this question means,we will avail cenvat and Vat input credit)

please clarify this query.

08 July 2008 Yes , you can avail cenvat & Vat credit.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries