We are Ltd., Company. Engaged in manfacuring of Plastic Pails & Pouches.
We are having 2 units, in the one unit we are manfacturing the above said items and sale the same to our customers.
in the another unit, we manfacutring the same items on jobwork basis to others. The Raw material will be supplied by them. my queqy is can we claim input tax credit (on capital goods & Maintenace Exp.(Machinery & Plant) of the unit where we don't have the liability output tax.
can we adjust the input tax credit with output tax payable at another unit.
CAclubindia
