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TMI BlogCenvet CerditX X X X Extracts X X X X X X X X Extracts X X X X ..... Cenvet Cerdit X X X X Extracts X X X X X X X X Extracts X X X X ..... y paid. The party rent to this crusher on third party. Bill generate with service tax to party on service of renting in immovable property. While payment on service tax, the utilize cenvet credit on c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... apital goods i.e. 50% current year and 50% next years. Is this right ?Some party purchase Crusher machine with excise duty paid. The party rent to this crusher on third party. Bill generate wi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... th service tax to party on service of renting in immovable property. While payment on service tax, the utilize cenvet credit on capital goods i.e. 50% current year and 50% next years. Is this ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... right ? Reply By MARIAPPAN GOVINDARAJAN: The Reply: Whether you have repeated the query twice? How the crusher could be rented as immovable property? Your query is not clear. Reply By YAGAY AND SUN ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... : The Reply: Dear Ranjeet Sao, As we understand the Crusher Industry, the crushers are of two types, Immovable and Mobile Crushers. CENVAT credit in the case of immovable crusher where ramp of brick ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s etc is made can be availed 50% in current year and 50% in subsequent year.
Regards,
YAGAY AND SUN
(Management, Business and Indirect Tax Consultants) X X X X Extracts X X X X X X X X Extracts X X X X ..... ing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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