9911796707
TMI BlogCenvat Credit on Finished GoodsX X X X Extracts X X X X X X X X Extracts X X X X ..... we have registered manufaturing unit, Products PVC Pipes Query we have received a order from Customer, for 4 sizes, we manufactered only 3 sizes, we booughtout( sold) from others the above 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... size, can we take Cenvat credit on above boughtout size, Please clarify. Thanking you sir, V.Laxmaiah - Reply By JYOTI DEORA - The Reply = Dear V.laxmaiah, cenvat credit is eligable only inp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uts, In your case you are purchasing the goods and your final product is same only size different is there. as per my understanding you can not carry out any process in such goods only ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... supply as it is along with your product. so in such situation you can not avail the cenvat credit. please donot treat your pruchase as boughout items. because your final product is same.. - Rep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly By Rajesh Nathoo - The Reply = Dear Mr. Laxmaaih, I m in agreement with Ms. Jyoti,s Reply, it is just like trading . U cannot take credit on traded goods as u are not obliged to pay Excise ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... duty when u sell these to ur customs . U should maintain a separate account of these traded items . - Cenvat Credit on Finished Goods - Query Started By: - Laxmaiah Vanamamula Dated:- 21-1-2014 Cen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tral Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanageme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ntindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
