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Former Member
Feb 25, 2009 at 06:00 AM

4 Entries for 1 purchase of capital goods

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Dear Gurus,

I am Purchasing excisable Capital Goods ( Either from local or Import Vendor). In both cases in RG 23 c Part 1, register shows 4 entries for only one capital purchase. BUt in RG23part2, system is considering first entry out of 4 entries from RG23CPart 1.WHy it is like that ?.

What is the CIN Rule for AED. is is 50 % this year and 50% next year or full 100 % in current year in case of capital goods AED.

Please Help.

Thanx in advance.