Modvat of ss coil & ms coil
This query is : Resolved
18 September 2011
Vitrified tiles manufacturer has used SS Coil and MS Coil to make sailo.(one of the machinery used to manufacture vitrified tiles)The company has made sailo in house by using different kinds of parts & labour.
It has taken a modvat on SS Coil and MS coil as Capital Goods.
whether it has rightly claim modvat on ss coil and ms coil or no.
It has taken a modvat on SS Coil and MS coil as Capital Goods.
whether it has rightly claim modvat on ss coil and ms coil or no.
20 September 2011
Cenvat in this case should be allowed as input as per rule 2k of Cenvat Credit Rules, 2004.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
