31 December 2008
Our client is a manufacturer of stampings and alomg with doing job work for processing stampings. They have scraps out of the process of job work. Can they avail the cenvat benefit on sale of such scraps?
05 January 2009
Either such scrap should be returned to the factory of principal manufacturer or should be cleared from the job work premises on payment of duty. The buyer of such scrap may avail the benfit of Cenvat of the excise duty paid on the scrap.
CAclubindia
