TMI BlogCanvat CreditX X X X Extracts X X X X X X X X Extracts X X X X ..... As solar equipment is exempt from excise duty. Supplies are being made for solar equipments to solar power gneration projects as well as other than solar power generatin projects by a manufacturer. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Further as per Rule 6(vii) of CCR, 2004 , Cenvat reversal is not required for input used in solar equipments supllied to Solar power gneration projects Question is whether credit of Excise ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... duty paid on capital goods can be availed? - Reply By Pradeep Khatri - The Reply = If the capital goods are used exclusively for manufacturing of exempted goods, then, CENVAT credit on Capital g ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oods cannot be claimed. Please claim depreciation as per Income Tax Provision on such Capital Goods. - Canvat Credit - Query Started By: - Deepak Birla Dated:- 21-9-2013 Central Excise - Got 1 Repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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