28 August 2011
excise paid on purchase can be taken as input credit by manufacturing unit if the unit is not availing any value based exemtion and paying duty on all clearances.
29 August 2011
Agar saman kaharid ne aur bechanje ke liye hai tow nahi. Agar manufacturing ke leye hai tow haa or sirf haa hai milega. Pahle saman banaow usme jo excise pay ke hai wha saman bechi howee rashi main se set off milega