Lithographic Plates Qualify for 100% Cenvat Credit as Inputs, Not Capital Goods, Due to Limited Reusability.

Lithographic Plates Qualify for 100% Cenvat Credit as Inputs, Not Capital Goods, Due to Limited Reusability. https://www.taxtmi.com/highlights?id=17887 Cenvat Credit - Inputs or capital goods - 100% credit at once - Just like other inputs, the Lithographic plate also is relevant only for a particular job which the printer undertakes and the job may be repetitive but the fact remains that the plate cannot be used for any other purpose - credit allowed as input - AT en-us Thu, 27 Mar 2014 10:15:29 +0530 Thu, 27 Mar 2014 10:15:29 +0530 TaxTMI RSS Generator Lithographic Plates Qualify for 100% Cenvat Credit as Inputs, Not Capital Goods, Due to Limited Reusability. https://www.taxtmi.com/highlights?id=17887 Cenvat Credit - Inputs or capital goods - 100% credit at once - Just like other inputs, the Lithographic plate also is relevant only for a particular job which the printer undertakes and the job may be repetitive but the fact remains that the plate cannot be used for any other purpose - credit allowed as input - AT Highlights Central Excise Thu, 27 Mar 2014 10:15:29 +0530 https://www.taxtmi.com/highlights?id=17887