09 December 2010
We are trading company ,purchasing material from a vendor .we want finish product with our brand with packing but vendor want packing material like ,label,brand box for it how we treat it in excise ( mainly cenvet credit).
1) when we purchase packing material from packing material vendor . and then send it to our vendor .
2) when we purchse packing material from packing material vendor invoice to our company and dispatch to our vendor.
wat would be the process of taking cenvet credit in both case.and if we follow first point how to send packing material to our vendor.?
CAclubindia
