banner_ad

Can avail cenvat credit on rejected goods from tractor unit

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
18 May 2013 I am working in manufacturing company we send finished goods to our customer under Rule 11 of Central excise, party rejected a few quanty & aloso sent us under Party Excise invoice & declared that on invoice we have not avaied the cenvat credt becaouse excise duty of his final finished goods has been exempted vide notifiction 23/2004 dt 9.07.04 (tractors).

In view of above please tell me that how can take cenvat credit on party invoice as party mentioned toal value on invoice including Excise duty.

Please help me.
Profile Image

Arun Kumar Singh

Profile Image

Arun Kumar Singh (Expert)
18 May 2013 If final product is exempted then you should not cleared the goods after payment of excise duty. If you have to pay the excise duty as our wish then cenvat credit will not be admissible on the input. you should consult with any professional.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details