Capital goods depriciation

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..... Sir, Please define sub rule (4) of Rule 4 of Cenvat Credit Rule, 2004 . Explain it with an example. - Reply By Pradeep Khatri - The Reply = It means that if you avail the CENVAT credit on the .....

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..... Capital Goods then on the amount so availed as CENVAT credit, you will not charge the Depreciation. Exihibit: Cost of the Capital goods (Say Rs. 5000/-) Excise duty is Rs. 600/- and if you av .....

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..... ail the CENVAT credit of Rs. 600/- then you can't capitalized goods at Rs. 5600/- Hence, you would have to avail the Depreciation on Rs. 5000/- - Capital goods depriciation - Query Started By: - yat .....

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..... een vyas Dated:- 23-1-2013 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - .....

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..... taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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