Dear All
We are manufacturing of Excisable goods, and we are purchase of rawmaterials with excise duty then availed Cenvat Credit . and we are purchase duty paid Lubricant oil, we are eligable for this cenvat credit
Please guide me
Murthy B.C (Excise Officer) (141 Points)
20 October 2010Dear All
We are manufacturing of Excisable goods, and we are purchase of rawmaterials with excise duty then availed Cenvat Credit . and we are purchase duty paid Lubricant oil, we are eligable for this cenvat credit
Please guide me
JEEVAN KUMAR JAIN
(MANAGER ( ACCOUNTS ))
(55 Points)
Replied 30 November 2010
Yes, You can take cenvat credit on lubricants as input.
Jeevan Jain
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961