Regarding the cenvat credit

Girish.S (Engineer) (29 Points)

01 December 2010  

Dear Mas,

Can we avail cenvat credit upon the additional duty of customs for capital goods?

If yes.

Whether it can be  availed 50% in the current year and the other 50% in the subsequent financial year or total duty may be availed in the current year?

Regards,

Girish