Interested to Buy Any Domain ? << Click Here >> for more details...
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.
- 3 Answers
- 6385 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Conditon-1.
If excisable invoice make your company name so 50% cenvat
taken during the financial year and 50% cenvat taken next
financial year because your company registerd in excise
department.
Condition-II.
If your company not registerd and excisable invoice not
makeing your company name so not taken cenvat any condition.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / jayaseelan
It is immaterial that you got registered with excise
department or not, but as per Cenvat Credit Rules 2004, 50%
eligibile for current fiscal, another 50% eligible for
subsequent fiscal.
| Is This Answer Correct ? | 2 Yes | 0 No |
can we have benefit of CST in VAT (Haryana). explain?
What is E1 form for purchase & what benefites
What is Assesment Year
how to mix calculation VAT & CST in account where charged VAT & CST in bill
How to calculate long term capital gain
what is sales tax-meaning,rates of various heads,procedure,all form of various sales tax heads, complete information about sales tax?
When & how vat audit takes Place in haryana. Is Scrutiny & vat audit is same?
What is MAT?
If the total material cost of secondary steel products @ BSL, Jharkhand, is Rs.30 lacs exclusive of VAT @ 4%, ED @ 8.24%, TCS @ 1%, and the buyer is registered under the Company's Act, 1956 in Bihar, and carrys VAT & CST certification but no ED registration, then what would be the proforma of purchase invoice ? And if the Buyer sells the above materials with the conversion charges or profit of Rs.5 lacs within Bihar, what would be the proforma of Sale Invoice ?
What is turnover limit for Auditing of Service Tax, VAT, Income Tax, Provident Fund, P. Tax and WCT? Please mail me at gautam_ch2 @ rediffmail.com or call me at 09831707812.
why use diff vat forms like vat51 vat3 why
whether C form is required to be given when goods are given on sample basis for trial purpose or rejected goods
Audit 
