EASYOFFICE
EASYOFFICE
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can machine imported be classifed as capital goods.

This query is : Resolved 

22 April 2010 i want to know that can imported machine on which cvd has been charged be classifiable as capital goods.and can we claim input credit on cvd.

22 April 2010 Yes. vat if you have registerd in Excise manufacturing. you can take cenvat credit.



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