07 June 2016
Respected All, Kindly share your valuable opinion on the following : An manufacturing company (A) registered under excise & service tax is manufacturing excisable goods. Company (A) is also doing contract manufacture of exciseable goods for its client (B). The client (B) is providing all raw materials on which manufacturing company (A) is availing cenvat credit and paying duty on value addition as per the practice prevailing as per case law Ujagar Prints. The manufacturing company (A) is also utilizing some services for their own excise manufacturing as well as contract manufacturing. Kindly provide whether cenvat credit is admissible for services utilized in both the cases to company (A).
CAclubindia
