CENVAT on pipeline
Jignesh (Service) (29 Points)
16 April 2017
is it possible to get credit of line pipes in GST regime as line pipes and pipeline (line pipes+fittings) are different?
2 Replies
VIKAS SAINI
(1163 Points)
Replied 16 April 2017
yes it is possible but it should be amount to manufacturing.
Dilip Darji
(392 Points)
Replied 17 April 2017
As long as they are input and used in manufacture of taxable goods, on which excise/tax is paid, CENVAT can be availed irrespective they are pipeline or otherwise.
Recent Topics
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
Related Threads
CAclubindia
