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Credit on input material (for 100% EOU)

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18 April 2010 Dear Sir,
Our company is a manufacturer (100% EOU) of leather folders and material sold to London.
Final product is duty exempted (Nil Taxable). My question is - can we take the credit of input material invoices ?
If yes what is the procedure of claim to department.

Please suggest me in short.

Thanks in advance

Regards,

Rajendra Ahire



18 April 2010 Yes u r legible for taking cenvat against input & u will claim for this. from your office of the developemnet commissioner.

18 April 2010 agree


18 April 2010 Agreed...




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