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Availment of credit on capital goods

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..... Availment of credit on capital goods
Query (Issue) Started By: - govinda raju velugula Dated:- 3-9-2009 Last Reply Date:- 3-9-2009 Central Excise
Got 1 Reply
Central Excise
Claiming 0f VA .....

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..... T on Generator (Capital Goods), which is using in Mines quarry area and no power connection was there for production of rough granite blocks. Without, generator there is no possibility of production o .....

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..... f goods. Hence, is there any possibility of claiming input credit on capital goods like generator? Reply By Mukesh Kumar: The Reply: Generator set which is used to mines quarry area where no power co .....

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..... nnection, should be allowed for the purpose of VAt credit.
Discussion Forum - Knowledge Sharing .....

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