Dear Experts,
Earlier we have used diesel to generate electricity for factorty production. Diesel is restricted to take cenvat credit. Now we have used png gas for generate electricity. Can we take cenvat credit.
Thanks
Ram kr. (Buisness) (883 Points)
10 October 2012Dear Experts,
Earlier we have used diesel to generate electricity for factorty production. Diesel is restricted to take cenvat credit. Now we have used png gas for generate electricity. Can we take cenvat credit.
Thanks
nilesh
(Indirect Tax)
(82 Points)
Replied 10 October 2012
I think you can take the credit, bcoz, input and output relation is here.
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
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