Mega project Fresh investment incl. CENVATE taken Amount ?

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....ega project Fresh investment incl. CENVATE taken Amount ?<br> Query (Issue) Started By: - Amit Tapadia Dated:- 5-6-2016 Last Reply Date:- 6-6-2016 Banking - Finance<br>Got 1 Reply<br>Companies Law<br>....

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....Even CENVATE credit taken Amounts (P&M) benefit once taken, Can Co. again claim as Fresh Investment under PSI 2013 Scheme ? Which criteria SICOM following while benefit provides agst PSI scheme. &quot....

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....;Investment which reflect under Sch-5 under Fixed Assets&quot;. Or &quot; Payment made to Supplier agst FA&quot;. Please clarify Reply By Ganeshan Kalyani: The Reply: Sir, in order to develop the ba....

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....ckward area, government announces benefits like VAT exemption, deferment payment of VAT, tax retention etc. The Package Scheme of Investment is one such policy made available by government. The benefi....

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....t is based on the capital investment made. The quantum of VAT benefit is based on capital investment amount. Generally once the policy is announced and investments made after that date such investment....

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....s qualify for benefits. Hence I am of the considered view that benefit on already installed asset would not qualify for such exemption. Thanks.<br> Discussion Forum - Knowledge Sharing ....