When is 100% Input available on Capital Goods in the first year in CCR?

Last updated at Dec. 13, 2024 by

  • In case of Removal of Capital Goods as such
  • In case of CVD u/s 3(5) i.e. Special Additional Duty
  • If in the year of receipt of capital goods,5 0% Cenvat not taken, then in subsequent year 100% cenvat on capital goods is available
  • Assessee who was earlier claiming SSI exemption later begins to pay duty, he can claim 100% cenvat, is available

 

 

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.