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Cenvat credit on the expenditure which is to be capitalised

Queries 255 views 2 replies

One of my client spended a huge amount on installation charges and the service tax component is also high thereon which is excess os service tax liability for the period so i want to know that is there any provision that the CENVAT credit on the same can be claimed for more than one period or have claim in the same period???? kindly suggest

Replies (2)
Capital goods definition in Cenvat
Capital Goods definition provided in Cenvat Credit rules under rule 2(a) doesn't cover any services. 100% credit could be claimed in one period.


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