Cenvat credit on vehicle maintenance

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
06 October 2015 Dear experts,
Company has received maintenance bill, plz tell me can we avail st credit, expenses incurred for business purpose,
Plz reply

06 October 2015 Credit can only be taken on maintainence if the vehicle is capital goods otherwise the same is excluded under clause BA of Rule 2(l) of the CCR 2004.



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