Tag Archives: Cenvat Credit Rules

CENVAT credit on Capital Goods when depreciation on duty element reversed in revised ITR

CENVAT credit on Capital Goods when depreciation on duty element reversed in revised ITR Q: Whether CENVAT credit on Capital Goods will be allowed if depreciation claimed on duty element has been reversed in the revised  income tax return ? Where depreciation was originally claimed on duty paid on capital goods  but, later revised return… Read More »