Adjust duty on capital goods
This query is : Resolved
14 April 2014
i have purchased a plant & Machine. On Plant & Machinery excise duty apply 5 Lac.
If i did not availed duty in next two years.Because of exemption.can i avail total duty in Third Year. ( if i have a Manufacture Unit of Packing Material)
If i did not availed duty in next two years.Because of exemption.can i avail total duty in Third Year. ( if i have a Manufacture Unit of Packing Material)
18 April 2014
Yes, you can avail the cenvat credit on capital goods in third year.
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