Cenvat credit on unlicensed product line.

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..... Sir We are a food manufacturing Co, and we are having various lines out of which one line is not get licensed as a result our production related to that line is stopped. Moreover we have already taken Cenvat credit of that machinery. Now what should be done regarding that Cenvat credit.Please suggest me. With thanks and regards Samik Chaudhuri. - Reply By PAWAN KUMAR - The Reply = Dear Sir, .....

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..... As per my view, If you have installed new line into your production plant and machinery for new goods manufacturing, you need to file an amendment in registration certificate and get the same approved by your jurisdiction AC/DC. If you have installed new line of production for manufacturing goods for increasing the produciton capacity, no new goods is to be manufactured. Intimate to jurisdiction A .....

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..... C/DC with a copy to your range regarding addition of new line of production and it will result increase in your production capacity as per the market demand. - Reply By Rajagopalan Ranganathan - The Reply = Sir, If the machinery is used for production of any other goods for which you have got licence, then the cenvat credit taken by you is in order. - Reply By varun arora - The Reply = .....

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..... Further In any case f Production Capacity gets increased by 25% Then file E - Reply By varun arora - The Reply = Further In any case any substantial Addition of machineries is carried out during the year resulting into increase in the installed capacity by more than 25% of one class of product, an amendment to the declaration should be filed within 30 days of commencement of production o .....

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..... f these new machineries. - Cenvat credit on unlicensed product line. - Query Started By: - Samik Chaudhuri Dated:- 27-4-2015 Central Excise - Got 4 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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