The provision of Rule 4(4) of Cenvat Credit Rules, 2004 does not ...
Cenvat Credit on Capital Goods Allowed in Later Years Despite Initial Depreciation Claims: Rule 4(4) Clarified.
November 29, 2016
Case Laws Central Excise AT
The provision of Rule 4(4) of Cenvat Credit Rules, 2004 does not bar the assessee form taking cenvat credit on capital goods in the subsequent year after availing benefit of depreciation under IT Act in the year of receipt of capital gods. - AT
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