Easy Office
LCI Learning

100% cenvat credit on cap. goods can be utilised first year?

This query is : Resolved 
Profile Image

Profile Image

(Querist)
15 December 2010 Please advise now we can utilise 100% cenvat credit on capital goods purchased in the first year or still we need to deffer 50% to next year.
Thanks in anticipation
Ramesh
Profile Image

Arun Iyer

Profile Image

Arun Iyer (Expert)
15 December 2010 Capex U Can Use Only 50 % of Credit only on first then next year balance 50%

Thanks

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links