Dear All,
Please guide me regarding Exemption Notification No: 67/95
We are manufacturing of Die Casting Products :
My point:
01: Mold (Capital Goods) purchase on behalf of our Customer from outside for manufacturing of Customer Product.
02: CENVAT credit taken on that purchase of same Capital goods (Mold).
03: Final Product also charging Excise Duty . Final Product Produce by use of Same purchase Mold material(Capital Goods) after that return that same mold material to our customer.
04: Now We are going to Make Mold (Capital Goods) Invoice to Customer for reimbursement of Money paid by us at the time of purchase.
05: Customer Asking us to put the Exemption Notification No: 67/95
Is this correct ?
What is the Solution of this matter..
Awaiting your reply soon…
Regards,
CS Naveen