WHETHER CAN WE AVAIL CENVAT FOR CAPITAL ITEMS ONLY WHEN A PROJECT IS COMMISSIONED
1 Replies
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.
Recent Topics
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
Related Threads
CAclubindia
