Monday, 2 December 2013

Cenvat credit can’t be transferred to new premises in case of amalgamation

Cenvat Credit : In case of amalgamation, Cenvat credit pertaining to amalgamating company stands transferred to amalgamated company but at same premises where amalgamating company was located; amalgamated company cannot transfer credit to new premises without actually transferring input/capital goods


No comments:

Post a Comment