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TMI Blogcenvat creditX X X X Extracts X X X X X X X X Extracts X X X X ..... we are producing rectified sprit for making country liquor I have regisreed with state Excise department we have purchased capital goods and paid central excise duty thiere on can we take cr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... edit of central Excise Duty against sale of Rectified sprit Please guide us. - Reply By Naveed S - The Reply = Your query is not clear. However, from what i have understood, you can su ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rely avail Cenvat credit of capital goods purchased and used in manufacturing Rectified Spirit; which appears to be your by-product and which is also cleared from the factory on payment of duty. - R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eply By Pradeep Khatri - The Reply = On liquors, the State level Excise Duty is leviable. Since Central Excise Duty is leviable on the Capital goods, and there is no Central Excise Duty on liquor, h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ence you would not be eligible for availment of CENVAT credit on the Capital Goods used in the manufacturing of finished goods on which no central excise duty is applicable. Hope this will clarify t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... his issue. - cenvat credit - Query Started By: - sanjay gupta Dated:- 5-3-2012 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, perso ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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