Cenvat credit of previous year
This query is : Resolved
08 January 2010
Can cenvat credit of previous year can be taken in the current year?
08 January 2010
Cenvat credit is on goods received basis. you will take cenvat credit when you recd material.
08 January 2010
Cenvat credit not taken in the previous year wrongly . can that be availed in the current year?
10 January 2010
Now balance sheet has been finalized so chapter is closed. if you will take cenvat credit in current year you will face technical prolems.
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