Passed on centvat credit
This query is : Resolved
02 January 2014
Sir,
We are registered dealer. We have purchase Aluminum Extrusion ( semi finished goods) from manufacture with Central Excise Duty. For final finished goods, the same is to be given to contractor for processed having no excise registration. Now we have to sell these finished goods along with Central excise duty charged by 1st manufacturer to us.
Is it possible to passed on the same cenvat to buyer ?
Please guide us.
We are registered dealer. We have purchase Aluminum Extrusion ( semi finished goods) from manufacture with Central Excise Duty. For final finished goods, the same is to be given to contractor for processed having no excise registration. Now we have to sell these finished goods along with Central excise duty charged by 1st manufacturer to us.
Is it possible to passed on the same cenvat to buyer ?
Please guide us.
02 January 2014
Registered trader cannot do manufacturing activity on the goods. Trader can only pass the duty and removed as such goods.
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
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- Applicability
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Offsetting interest income against derivative trading losses
- Application of 115BAC
- RCM - commercial rent paid to URP under GST
- Gst Sales of FY 2023-24
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- TDS NUMBER SURRENDER
- DELIVERY BY CREDITOR
- Cgst and Sgst liability set off
- Doubt in Form AOC 4
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- 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
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
