Cenvat credit
Tejas Jasoriya (CPT clear) (284 Points)
01 September 2015Tejas Jasoriya (CPT clear) (284 Points)
01 September 2015
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(5175 Points)
Replied 01 September 2015
In the manufacture of product X, if raw material A and raw material B are used, the manufacturer is allowed to take credit of the Central Excise duty paid on the raw materials A and B used in the manufacture of the final product X. He is allowed to use this credit while paying duty on the final product, X
Tejas Jasoriya
(CPT clear)
(284 Points)
Replied 01 September 2015