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Former Member
Apr 22, 2010 at 09:05 AM

Re: Availing partial cenvat credit (<50%)

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Dear All,

According to GOI rule, the cenvat credit for capital goods is 50% in current fiscal and 50% in the next fiscal year.

But user wants to avail only 20% credit per year for 5 years. Is this possible?

Thanks,

GShankar