WHETHER CAN WE AVAIL CENVAT FOR CAPITAL ITEMS ONLY WHEN A PROJECT IS COMMISSIONED
DHAWAL.K.SRIVASTAVA (EXECUTIVE FINANCE) (41 Points)
16 January 2010WHETHER CAN WE AVAIL CENVAT FOR CAPITAL ITEMS ONLY WHEN A PROJECT IS COMMISSIONED
Madhukar N Hiregange
(Chartered Accountant)
(39034 Points)
Replied 17 January 2010
No credit can be avail during the period of setting up. Ideally get registered and keep availing the credit and filing returns with covering letter that production/ commissioning would be later in the year/s.
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
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