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Purpose for maintained RG 23a Part II & RG 23c PArt II?
give brief discussion....
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Answer / harsh patel
RG 23 a part II is for cenvat credit on inputs used for
manufacturing goods and RG 23 C part II is for taking
credit of capital assets put to use for producing goods, we
have to take 50% cenvat credit in the year of purchase &
balance 50% next year.
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