Eligible to avail cenvat & vat on gear oil.: urgent
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 December 2015
Dear Sir's/Expert.
We have Purchased the Gear Oil, from the Local (regd. under Excise& VAT) Dealer,
He Charged ED As well as VAT. on the Gearl oil.
As per the ED definition: Sec. 2(k) of the Inputs of Cenvat,: its not specifically included. so i have availed the ED & now the VAT part, as its used in the manufacturing, i am availing as a inputs under TNVAT ACT. Kindly Reply.
Whether i am eligible to avail under Both ED as well as VAT.
We have Purchased the Gear Oil, from the Local (regd. under Excise& VAT) Dealer,
He Charged ED As well as VAT. on the Gearl oil.
As per the ED definition: Sec. 2(k) of the Inputs of Cenvat,: its not specifically included. so i have availed the ED & now the VAT part, as its used in the manufacturing, i am availing as a inputs under TNVAT ACT. Kindly Reply.
Whether i am eligible to avail under Both ED as well as VAT.
19 December 2015
Yes, you can take the cenvat credit.
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 December 2015
VAT PART CAN I AVAIL
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