Cenvat Credit issue

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Cenvat Credit issue
Query (Issue) Started By: - Rohit Prajapati Dated:- 4-2-2015 Last Reply Date:- 5-2-2015 Central Excise
Got 4 Replies
Central Excise
dear sir, 1 year old machinery (GOOD COMPLETE) not send this product is exempted product this cenvat credit no. can use the product in excise goods (Goods excitable) and use CENVAT CREDIT on this product But 1 YEAR OLD BILL OF DATE .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Urgent Reply By MARIAPPAN GOVINDARAJAN: The Reply: Your query is not clear. Reply By Rohit Prajapati: The Reply: No speak in english Dear sir, Hum 2 Product(Machinary) Shall Karte he 1) product Exempted He 2) Product Texable( Excise Goods) He Jo Exempted Product He Vo Hamari Jo Shall Nahi Huve He Vo 1 Year Purani he jo hum shall nahi kya he jis hum Cenvat credit bhi nahi le he Kay Hum Us .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e Kar shakte he jo excises goods he use me or hum 1 year purani jo DUP. Tran .Copy ki Cenvat Credit Le Shakte He Is ka Koi Rules Ya Notification He Urgent Reply By MARIAPPAN GOVINDARAJAN: The Reply: I don't understand your version written in English the Hindu usage. Please give it in pure English. Reply By Pradeep Khatri: The Reply: Dear Rohit, We appreciate your courage that despite .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of not versed/fluent in English Language, you tried to raise query in English. Keep it up and brush up your English. Start learning it. Now returning to your query. In our opinion you can avail the CENVAT credit on machinery which is one year old as six months restriction is not applicable on capital goods. Further, CENVAT credit would be available on such capital goods which are being used for .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... manufacturing of dutiable goods as well as exempted goods. But CENVAT credit cannot be availed on capital goods which are being used exclusively for exempted goods. May God Bless you! Regards, Sameer Malhotra - Consultant (YAGAY and SUN) -Management, Business and Indirect Tax Consultants
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X