Cenvat on sfg
This query is : Resolved
02 February 2013
Dear sir,
We are producing an excisable goods and taking cenvat credit on excisable goods.. One input which is non excisable goods say finished goods which is wholly used into excisable goods manufacturing.. And Such finished goods produced in our plant, can we avail cenvat credit on input which used into mfg. Of such finished goods which is non excisable bt totally consume into excisble mfg goods..
We are producing an excisable goods and taking cenvat credit on excisable goods.. One input which is non excisable goods say finished goods which is wholly used into excisable goods manufacturing.. And Such finished goods produced in our plant, can we avail cenvat credit on input which used into mfg. Of such finished goods which is non excisable bt totally consume into excisble mfg goods..
06 February 2013
If final product is dutiable and inputs is non-dutiable, cenvat credit will not be applicable on exempted input.
06 February 2013
Sir, my query regarding the intermediate goods which is non excisable and produced in our plant . Such intermedite goods are wholly used into manufacturing of excisable goods.. So can i avail cenvat credit on intermediate goods input material which is dutiable or not.. Appreciate for ur reply sir.
07 February 2013
Yes, you can avail the cenvat credit on production of intermediate goods in relation to excisable goods.
07 February 2013
Thanks a lot, mr arun singh..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
