TMI BlogCENVAT Credit on Packing materialsX X X X Extracts X X X X X X X X Extracts X X X X ..... CENVAT Credit on Packing materials X X X X Extracts X X X X X X X X Extracts X X X X ..... y is doing a trading activity under which we buy spares in bulk and then we segregate those spares into small packets based on customer requirement. This process is called as deemed manufacture under ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... CE. So my question here is, can we avail CENVAT credit on packing material which we buy for repacking of spares. Reply By Pradeep Khatri: The Reply: Dear S Rajiv,You can avail the CENVAT credit on pa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cking material provided the cost of packing material should be included net of central excise duty while calculating the duty on repacked/finished goods. Further, there is also adhere with the provisi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ons of Legal meteorology Act, 2010 read with Rules made there under for selling the spare parts.RegardsTeam YAGAYand SUN (Managementand Indirect Tax Consultants) Reply By S Rajiv Patro: The Reply: Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anks a lot for a quick reply. Reply By Pradeep Khatri: The Reply: Dear S Rajiv, Thanks for appreciating of our efforts. We are here to help you out. Keep in touch. Regards Team YAGAY and SUN (M ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anagement and Indirect Tax Consultants) X X X X Extracts X X X X X X X X Extracts X X X X
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