Cenvat credit
Tejas Jasoriya (CPT clear) (284 Points)
02 September 2015Tejas Jasoriya (CPT clear) (284 Points)
02 September 2015
Vikas
(CA)
(1135 Points)
Replied 04 September 2015
I believe some inputs are being provided by the principal manufacturer to the job worker for the purpose of processing (amounting to manufacture).
In this event, if the job worker is paying Excise duty on its manufacturing activity, then it should add the value of such inputs in its excise duty and claim Cenvat credit on such goods.
Tejas Jasoriya
(CPT clear)
(284 Points)
Replied 04 September 2015