Availment of CENVAT credit on Capital Goods

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..... Availment of CENVAT credit on Capital Goods
Query (Issue) Started By: - Suminder Patial Dated:- 26-2-2010 Last Reply Date:- 25-3-2010 Central Excise
Got 4 Replies
Central Excise
Is the .....

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..... said statment is right Full CENVAT credit on Capital Goods in 1st Year itself - Budget 2010-11 Reply By Mohammed Lakkadsha: The Reply: Yes, for SSI Units only.. Reply By RAJESH MANGAL: The Reply: Yes .....

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..... by virtue of Notification No.06/2010 NT dt. 27.02.10 w.e.f. 01.04.2010. Reply By Rama Krishana: The Reply: In case of SSI units falling under central excise net. This benefit is not available for ser .....

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..... vice provider Reply By Anish Jain: The Reply: It is wrong to say that full cenvat credit is available to ssi units only. Full cenvat credit is available to all those units who are eligible to become s .....

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..... si unit whether they are ssi or not. in other terms if local sale i.e. sale in india is less than Rs. four crore during the year 2009-10 then you can claim full credit on capital goods in the year of .....

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..... purchase itself.
Discussion Forum - Knowledge Sharing .....

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