Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Dutaible Input use for cleaning

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dear All, We are the chemical manufacturing company, our raw material in chemical form we are dispatching the material in tanker. but we have used the our raw material for tanker washing in small qty but which canvat credit has been availed, can we reversed the same, please give the your opinions with legal aspect. Chetan Pawar - Reply By JYOTI DEORA - The Reply = your question is your in .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... puts is not used in mfg. so you are eligable take the credit or not?, In above issue it is appear that you can used your input for making your products (chemical products) perfect by quality wise. if any inputs used for making your quality batter. it is relation of manufacturing. such type of activity merely used in paint industries before filling the durms of paints they are using the ch .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... emical to remove the any dust partical inside the drums. same is applicable in your case to remove the dust particals or any other unwanted particals you are using the inputs for cleaing purpose. so according to me you need not reverse the credit. - Reply By Pradeep Khatri - The Reply = If washing/cleaning of tanker with chemical is prerequisite of your manufacturing process and you also docu .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... mented it, then, you may avail the CENVAT credit on such chemical otherwise not. Please make a process flow chart of your manufacturing process by clearly depicting that where this washing/clearing process fits in to substantiate your claim that you are eligible for avail the CENVAT credit on Chemical used in cleaning of tanker etc. Get this process verified from your technical head/Management a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nd if possible, then, from Chartered Engineer. Further, you would also be required to follow of the provisions of CENVAT credit Rules, 2004 as amended from time to time. Team YAGAY SUN - Dutaible Input use for cleaning - Query Started By: - Chetan Pawar Dated:- 20-2-2014 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, pers .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... onal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates