Dear Sirs,
We have yarn manufacturing unit which has no excise. How can avil credit of Imported Spares & Excisable Good?.
Please reply.
Sushil Vaidya.
1 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 12 March 2012
unless the dealer is liable to payment of duty on final products, no cenvat credit can be availed.
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