Dear CACLUBITES,
I'm attaching a scan of the Practice Manual of the icai, page no: 13.5 to 13.7, question no: 6.
Along with the question i'm also attaching the answer along. According to me the answer published in the practice manual is wrong.
Please also find a relevant part of the study material.
Please tell me wheather the answer published in the practice manual is correct or not.
Regards
Sanyam Sultania
Where is d attachement????????
Sorry Forgot to attach the file.
Here is it.
The issue is regarding provisions relating to 100% cenvat credit in respect of capital goods in 1 year to SSI.
Regards
Sanyam Sultania
Goodwin Pumps India Pvt Ltd
Chengalpattu
CA Inter
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M N Rao & Associates LLP
Vijayawada
CA Inter
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ADY & CO.
New Delhi
Graduate (Any)
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N N V Satish & Co.,
Hyderabad
CA Inter
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CCI
Pro
CAclubindia
