Credit on capital goods

EXICSE (Legacy) 384 views 1 replies

Dear Sir

I have purchased elelc.compressor chp. no.84148090 but the invoice to other party & ship to capital goods me

& duplicate transport copy to send me with goods then can we avail cenvat credit?

Replies (1)

Yes,You can Take credit of 50% in the year received and remining 50% Subsequent financial year.

Shipping Address must be your company address.

Then its is eligible for credit.


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