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This query is : Resolved
31 August 2009
Dear Experts,
We are Battery Manufacturing Co. with Register of Central Excise. We are sending Battery from Unit-i to Unit-II after making Excise Invoice. In Unit-I we are paying Excise duty to the department. Now can we take credit (CENVAT) the same amount in Unit-II?
Thanks and regards,
R.Dutta
We are Battery Manufacturing Co. with Register of Central Excise. We are sending Battery from Unit-i to Unit-II after making Excise Invoice. In Unit-I we are paying Excise duty to the department. Now can we take credit (CENVAT) the same amount in Unit-II?
Thanks and regards,
R.Dutta
05 September 2009
If you are having seperate excise registrations for unit-1 and unit-II then, you can take Cenvat Credit in Unit-II.
Unit-II should be manufacturers of excisable goods.
The goods received by unit-ii should be involvement of manufacutring of product(i.e. inputs/consumables/capital goods).
For more details refer Rule-3 of Cenvat Credit Rules, 2004.
Unit-II should be manufacturers of excisable goods.
The goods received by unit-ii should be involvement of manufacutring of product(i.e. inputs/consumables/capital goods).
For more details refer Rule-3 of Cenvat Credit Rules, 2004.
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