Capital Goods

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..... we are manufacturer of storage system ,if we will manufacture Storage system as Demo Machine that time we liable excise duty anf if applicable so can we cenvat credit 50% in this year and 50% .....

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..... balance next year - Reply By Naveed S - The Reply = As storage system being capital goods and used captively, hence no need for payment of exicse duty therefore no question of availment of cenvat cr .....

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..... edit. However, if it is cleared from factory premises, then duty is required to be paid, - Capital Goods - Query Started By: - Datta Jadhav Dated:- 13-3-2015 Central Excise - Got 1 Reply - Central .....

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..... Excise - 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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