cenvat credit

This query is : Resolved 

19 June 2008 I m Working in Service providing Firm.
i want to know wether Cenvat credit is available on Capital goods like Computers etc and

19 June 2008 Yes..U can Cenvat credit on capital goods ,but u can take only 50% in the year of Purchase and the balance 50% in the next year..



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