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Credit of Excise duty

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12 August 2010 Respected Sirs,
If a company is incurring expenditure for another company and later on it is recovering from another company then whether company who is incurring the expenditure can claim the credit?

e.g. X company is incurring the expense on behalf of Y company and later on Y company is reimbursing it to X company. Whether X company can claim credit?

12 August 2010 Yes, X Comapny can claim credit because if X company is incurring expenses i.e bill in name of X co.


18 August 2010 Thanx sir.
But if they are not then can they claim credit.


18 August 2010 Please ellobrate your question "

what they are not ?



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