Transfer of Raw Material to Contractor
This query is : Resolved
30 November 2009
Hi
I faced a practical situation which I am unable to resolve. Please help me out....
A Company purchased steel sheets and delivered it to Contractor for manufacturing of steel tanks which is going to be used for storing finished goods. Can the Company transfer the cenvat relating to that raw material transferred to contractor ? If yes, How ? And if no, Why ?
I faced a practical situation which I am unable to resolve. Please help me out....
A Company purchased steel sheets and delivered it to Contractor for manufacturing of steel tanks which is going to be used for storing finished goods. Can the Company transfer the cenvat relating to that raw material transferred to contractor ? If yes, How ? And if no, Why ?
30 November 2009
Contractor registered with excise?
07 December 2009
Yes.
07 December 2009
yes
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