Modvat credit on repairs and maintainance
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 September 2015
ours is a manufacturing concern,manufacturing printed circuit board.my question is whether i can take modvat credit on
1. repairs of impedance control systems(excise duty has been charged on removal of goods).
2. purchase of software (electronic measuring accessories and software cd.(for testing the pc Board)
1. repairs of impedance control systems(excise duty has been charged on removal of goods).
2. purchase of software (electronic measuring accessories and software cd.(for testing the pc Board)
09 September 2015
yes, you can take the cenvat credit if you are paying the duty on final product.
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