19 September 2008
Dear All, I m in Service providing Company (providing taxable services only) & wants the amount of CENVAT credit by following figures:-
In Aug. month I have received ST amount = 2000000 ST receivable = 5000000 CENVAT on capital goods = 40000
Plz tell me for how much amount i can avail ST credit and how much amount i will have to pay. tell me rule no. if possible.