docs required to snd back the material

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..... docs required to snd back the material
Query (Issue) Started By: - anand rama rao Dated:- 29-10-2014 Last Reply Date:- 29-10-2014 Central Excise
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Central Excise
Dear Experts, .....

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..... We are hiring a DG set from another state. Now we are send back this DG set to the same party as the rental contract is completed. Pls advice the necessary documents required. Reply By Rajagopalan Ra .....

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..... nganathan: The Reply: Sir, You cannot avail the credit of CENVAT duty paid on the DG set since you have taken it on payment of rent. Under rule 4 (3) of CENVAT Credit Rules, 2004 if the capital good .....

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..... s are acquired by a manufacturer/output service provider on lease, hire purchase or loan agreement, from a financing company, then you can take credit. Since you are not eligible to take credit you ca .....

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..... n remove the DG set under you own document like delivery challan etc.
Discussion Forum - Knowledge Sharing .....

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