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What is DSCR and how to calculate the same.
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Answer / vinay kumar goyal
Debt Service Coverage Ratio
formula:ΒΆ. debt service coverage ratio calculation =
EBIT divided by (interest + (principal/ 1-tax rate)
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We are purchaseing one machine on duty of payment ( Capital Goods) in the staring of the month financial year 2009-10 at the time of purchase of machine we are not registered with the excise department. But my company registred with the excise department end of the same financial year What can we are taken cenvat credit on capital goods in the year 100% of 50% pls. given the comments or explain me all excise exparts.
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