Dear Sirs,
We have yarn manufacturing unit which has no excise. How can avil credit of Imported Spares & Excisable Good?.
Please reply.
Sushil Vaidya.
Sushil Vaidya (Sr.Officer Purchase) (74 Points)
12 March 2012Dear Sirs,
We have yarn manufacturing unit which has no excise. How can avil credit of Imported Spares & Excisable Good?.
Please reply.
Sushil Vaidya.
U S Sharma
(glidor@gmail.com)
(21056 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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