14 Replies Latest reply: Apr 29, 2012 9:25 AM by sumit choudhary RSS

capital goods cenvat credit 100% on same year

sumit choudhary
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hi all,

 

currently we are using taxinj with 4.7 version.

 

currentle for capital goods 50% cenvet credit is taken in current fiscal year and remaining 50% is goes to cenvat on hold for next year.

now my clients wants to take 100% credit of capital goods on same year  as per new goverment rule.

i know there is check box in company code settings of tax.

 

what steps i must follow to achieve this?

 

 

regards

sumit choudhary

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