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CENVET CREDIT CARRIED FORWARD NEXT FINANCIAL YEAR

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(Querist)
22 October 2009 WE HAVE SOME AMOUNT IN CENVET CREDIT UNUTILISED LAST FINANCIAL YEAR CAN OUR COMPANY TAKE CREDIT IN CURRENT FINANCIAL YEAR THE SAME
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
23 October 2009 Its a current assest of company see you balance sheet figure. its to be utilized in any time in future. now you can use it.
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CA. Gurdeep Singh Chawla

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CA. Gurdeep Singh Chawla (Expert)
23 October 2009 Yes you can utilize against current year liability.
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Dayal

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Dayal (Expert)
23 October 2009 Yes by all means

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