Excise duty

This query is : Resolved

madhup (Querist)
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22 May 2014 dear sir , i am working in automobile work shop . we are purchasing paint material with excise invoice. can we take input credit for100% on that. pld clarify as early as possible.

Guest

Guest (Expert)

22 May 2014 c the schedule first na...

Rupesh Jain

Rupesh Jain (Expert)
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23 May 2014 if you are traders of goods you are purchase then you take the input and make the sale then adj the same.

and another if you mfg. of some item and paint material use as raw material for finished for u are manufacturing then you can claim credit of excise duty.

otherwise not possible.

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