Input on excise

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amruth (Querist)
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26 December 2013 Dear all

if purchase fixed asset excise duty we have to 50% this year and another 5% next year.

If purchase of space parts of fixed assets what is the process.

Thanking You

Amruth Kumar

TRINATH

TRINATH (Expert)
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26 December 2013 AT THE TIME OF INSTALLATION U CAN TAKE CREDIT.
OTHER WISE ONCE CONFIRM TO YOU AO(CE)

Tnks,

amruth

amruth (Querist)
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26 December 2013 Sir

my question is how can spare parts cenvat credit can take it is 50% this years and 50% next are whole 100% at a time.

Thanking You

Amruth Kumar

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TRINATH

TRINATH (Expert)
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26 December 2013 you can take credit 50 % in this year
another 50% next FY.

Tnks,

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