Tax
This query is : Open
10 September 2014
Can anyone please explain me what's the reason for making this provision (upto 50%of cenvat credit on capital goods only should be set off against tax payable in first year of purchase of capital goods)
11 September 2014
SSI unit can take the cenvat credit on capital goods 100%.
Message likes :
1 times
13 September 2014
Sir,is there any logic behind for implementing this provision?
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