Removal of Goods at nil rate of Duty.
This query is : Resolved
02 February 2008
My one of the Client i.e. L&T Surat want to avail the benefit of a notification issued u/s 5A of Central excise Act 1944 granting exemption of duty to excisable goods when used for specified purpose in that notification.
My Client has fulfilled all the conditions to avail the benefit and one copy signed by assistant commissioner has been forwarded to us.
Now my question is: whether i Can avail the cenvat Credit on inputs acquired to manufacture the goods for L&T or not.
Kindly Reply Only on Today, its urgent
Regards,
CA Mridula Goyal
My Client has fulfilled all the conditions to avail the benefit and one copy signed by assistant commissioner has been forwarded to us.
Now my question is: whether i Can avail the cenvat Credit on inputs acquired to manufacture the goods for L&T or not.
Kindly Reply Only on Today, its urgent
Regards,
CA Mridula Goyal
10 September 2009
Yes. You can avail cenvat on the inputs involved in the final product supplied to your client.
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