TMI Blogwhat is CENVAT CREDIT ?X X X X Extracts X X X X X X X X Extracts X X X X ..... what is CENVAT CREDIT ? AND HOW IT IS TAKEN FOR THE ENGINEERING GOODS? - Reply By Vivek Harsh - The Reply = CENVAT stands for Centralized Value added Tax. Engineering goods if classified as Input ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... goods 100% credit in the year of recipt. Rule 2(k) of CCR, 2004, If classified under Chapter 82, 84, 85 of CETA be treated as Capital goods and 50 credit in the year of receipt and 50% in nex ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t year. Rule 2(a) of CCR, 2004, - what is CENVAT CREDIT ? - Query Started By: - prakashsinh gohil Dated:- 22-2-2012 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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