Regarding CENVAT credit

This query is : Resolved 

14 September 2010 Whether we can take CENVAT credit on Cements, Steels and other material which is used in Factory Building, Plant & Machinery.



14 September 2010 yes we can
but only 50% this year and
remaining 50%- subsequent year.
in subsequent year we have to fullfil certain conditions like plant will exist with in the factory or with sub contractor etc.



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