TaxTMI 
TaxTMI 
How much CENVAT credit can we take on Capital goods, 50% or 100% in the first year. Please reply with notification/amendment?
CENVAT on Capital Goods at 50% or 100%
27 Feb 2013 
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CENVAT credit on capital goods limited by duty component; imported goods allow full SAD credit and partial CVD credit.
CENVAT credit for capital goods is limited under the CENVAT Credit Rules, 2004: domestic capital goods attract a proportionate restriction commonly permitting credit of half the excise duty, while imported capital goods permit full credit of the Special Additional Duty component and a proportionate (half) credit of the Countervailing Duty component. (AI Summary)
CENVAT credit for capital goods is limited under the CENVAT Credit Rules, 2004: domestic capital goods attract a proportionate restriction commonly permitting credit of half the excise duty, while imported capital goods permit full credit of the Special Additional Duty component and a proportionate (half) credit of the Countervailing Duty component. (AI Summary)