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Cenvat Credit

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..... Sir, we are consulting engineers and using various engineering softwares for providing output service to clients. Please clarify that are softwares covers in the definition of "capital goods" or not a .....

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..... s per the cenvat credit rules? and if not can we eligible to take cenvat credit on softwares or not. Please suggest. - Reply By Sanjeet Kumar - The Reply = Dear Ranbir First of all you has not sta .....

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..... ted the type/heading/classification of your software. Secondly softwares are not covered by the meaning of capital goods under rule 2(a) . so you can't get the credit of your software as capital it .....

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..... em. But there is some chances, that you can get the credit of software as input. but you didn't provide the whole information in your query so it is hard to say right now. One more suggestion y .....

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..... ou should hire some consultant on this issue to get right/accurate suggestion. - Reply By PAWAN KUMAR - The Reply = In terms of capital goods, cenvat credit will not allow to you on softwares. How .....

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..... ever you can claim cenvat credit as inputs for providing the output service as per rule 2 (k). - Cenvat Credit - Query Started By: - Ranbir Singh Dated:- 20-7-2013 Service Tax - Got 2 Replies - Se .....

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..... rvice Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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