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

capital goods cenvat credit 100% on same year

sumit choudhary
Currently Being Moderated

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?




sumit choudhary