EASYOFFICE
EASYOFFICE
EASYOFFICE

Capital goods(machines) credit to be taken by ssi unit

This query is : Resolved 

12 September 2015 Dear Sir,
we are a SSI unit availing modvat / cenvat credit from the beginning and also paying full duty for despatches from the begining.

As a SSI unit, availing cenvat credit from the begining and also paying full duty applicable for despatches from the beginning, what is the credit of duty can i take for capital goods ie cnc turning centre m/c-----50% or 100% credit duty?

14 September 2015 The SSI unit can avail & utilise the 100% cenvat credit on capital goods.

14 September 2015 Mr. Arun kumar Singh,
At the outmost thankyou for the reply.
But can you elaborate further by giving the notification no and details.

Thanking you,

Rajendra M Ijare


14 September 2015 If you want to know details about notification and circular then visit my profile and email me.



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