Cevat credit of re-used purchase items
This query is : Resolved
02 July 2014
Dear All,
Greetings..
We purchase old used item of paper roll for our paper machinery with excise amt from another paper mill. Can we avail cenvat credit for above item?
Kindly help me in this regard.
Regards
M.RamKumar
99498 40959
Greetings..
We purchase old used item of paper roll for our paper machinery with excise amt from another paper mill. Can we avail cenvat credit for above item?
Kindly help me in this regard.
Regards
M.RamKumar
99498 40959
05 July 2014
You are paying the duty on final product then you can take the cenvat credit on input.
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