Cenvat credit availment
This query is : Open
16 March 2017
I have purchased machinery in name of xyz but now firm is running in name of abc , xyz n abc r same firm with same proprietor n same number with same business (name of firm was change from xyz to abc)Can cenvat credit b availed by abc though machine was purchased in name of xyz?
16 March 2017
Yes Cenvat credit can be transferred
16 March 2017
but actual machinery should also be transferred
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