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TMI BlogService Tax credit in case of manufacturing of exempted as well as dutiable productX X X X Extracts X X X X X X X X Extracts X X X X ..... Sir, We are engaged in manufacturing of edible oil which is exempted from the excise duty. Our byproduct is dutiable. our manpower supplier is giving combined bill for the whole plant. Is it possible that if he bill us separately for the manpower working at byproduct section and on the base of it can we eligible for taking cenvat credit ??? Is there any circular or notification is available?? ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Reply By Pradeep Khatri - The Reply = Dear Mehul, Please check rules 6 of CENVAT Credit Rules, 2004 in this regard. Regards YAGAY and SUN (Management and Indirect Tax Consultants) - Reply By Rajagopalan Ranganathan - The Reply = Sir, Since the inputs and capital goods are common for the manufacture of edible oil and the by product, you have to avail the provisions ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of rules 6(1) or 6 (2) or 6 (3) of CENVAT Credit Rules, 2004 . Regarding service tax paid for man power supply service, if the supplier of man power provides you separate bills for edible oil section and by product section then you can avail the service tax paid on man power supply service relating to by product section. If he does not provide separate bills then you have follow the procedu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re prescribed under rules 6(1) or 6 (2) or 6 (3) of CENVAT Credit Rules, 2004 . - Reply By Naveed S - The Reply = Yes, cenvat credit can be availed for manpower services provided for dutiable byproduct. Do ensure that the invoice issued by the manpower supplier contain details of the Byproduct for which such services are availed. - Reply By Pradeep Khatri - The Reply = Dear Mehul, You ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... would have to stick to one option only i.e. whatever is being availed by you currently and cannot opt any other option during the financial year. It is why, we suggested you to please go through the Rule 6 of the CENVAT credit rule thoroughly/in details for better understanding. Please refer explanation-I to sub rule 3 of the Rule 6 of the CENVAT credit Rules in this matter. Explanation I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... If the manufacturer of goods or the provider of output service, avails any of the option under this sub-rule, he shall exercise such option for all exempted goods manufactured by him or, as the case may be, all exempted services provided by him, and such option shall not be withdrawn during the remaining part of the financial year. Regards, YAGAY and SUN (Management and Indirect Tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Consultants) - Reply By Mehul Pandya - The Reply = Thanks to you all for your such precious reply. - Service Tax credit in case of manufacturing of exempted as well as dutiable product - Query Started By: - Mehul Pandya Dated:- 9-9-2014 Central Excise - Got 5 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anagementindia - 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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