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cenvat credit

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..... Presently we are manufacturing juice from third party manufacturer. We used to import the raw material and delivered directly @ our manufacturer partner. Is it possbile to get Cenvat credit by our manufacturer partner? We are not yet registered in central excise. Please advise - Reply By pradeep khatri - The Reply = The person claiming credit is required to establish that the inputs were u .....

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..... sed during the manufacturing process in his factory and that without the use of those materials, the manufacturing process in could not be efectively carried out - Wheels India Ltd. v CCE 1993 (69) ELT 71 (Mad- cegat). - Reply By shamanthaka mani - The Reply = Yes The third party manufacturer can avail cenvat credit. However the duty paying documents should be in the name of third party manufac .....

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..... turer. If the goods are imported in your name and B/E is in your name they cannot avail credit on the basis of such doucment. Therefore first you have to obtain Central Excise Registration, take credit and pass on the same to third party by issuing your invoice. - Reply By JAYARAMAN RAMAMURTHY - The Reply = Alternatively you can import in your name and sell him on High seas sales basis to the .....

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..... third party to file bill of entry so that he can claim cenvat credit. - cenvat credit - Query Started By: - Mahesh S Dated:- 18-7-2011 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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