CENVAT on Capital Goods at 50% or 100%

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... CENVAT on Capital Goods at 50% or 100%
Query (Issue) Started By: - Udaya Chandran Dated:- 27-2-2013 Last Reply Date:- 27-2-2013 Central Excise
Got 1 Reply
Central Excise
How much CENVAT c .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... redit can we take on Capital goods, 50% or 100% in the first year. Please reply with notification/amendment? Reply By Pradeep Khatri: The Reply: You can avail the CENVAT credit on Capital goods to t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he extent of 50% of the excise duty amount. But in case of imported capital goods, you may avail the 100% CENVAT credit of SAD Portion and 50% of the CVD portion. This aspect has been mentioned in the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... CENVAT credit Rules, 2004 as amended time to time.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X