Cenvat credit
jiwan
(Querist) 19 August 2009
This query is : Resolved
I CPL LTD.-uttrakhand purchase a raw material from ABC LTD..-mumbai, cenvat charged 10000, & directly delevered to NOVELTY PLASTIC -mumbai for labour job agst. Excise challan annexure 2 .
My questions :
1-Who will take cenvat credit on raw material purchase from ABC LTD. (Any notification please mention)
2-Will NOVELTY PLASTIC charged excise duty or service tax when he will raised invoice to CPL LTD.
Can we take VAT credit of material purchase within state for repair of machinery .any notification please mention.
CPL LTD. Has two units in himanchal & uttrakhand each turnover 100 laks.
These are SSI Unit or Not ?
tarun goyal
(Expert) 19 August 2009
for query 1 only.
cenvat credit will be taken by job worker and he will charge excise from CPL. the nCPL will take cenvat credit and thenpay excise on final product
