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Central Excise - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

CENVAT credit - capital goods - The definition of capital goods ...


Understanding CENVAT Credit Eligibility: How Capital Goods Definitions in Excise and Companies Acts Impact Tax and Credit.

September 7, 2017

Case Laws     Central Excise     AT

CENVAT credit - capital goods - The definition of capital goods in the Companies Act would determine which goods can be capitalized. The definition of capital goods in the Central Excise Act would determine the availability of credit on the goods.

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