Easy Office

Eligible to avail cenvat & vat on gear oil.: urgent

This query is : Open 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 December 2015 Dear Sir's/Expert.

We have Purchased the Gear Oil, from the Local (regd. under Excise& VAT) Dealer,

He Charged ED As well as VAT. on the Gearl oil.

As per the ED definition: Sec. 2(k) of the Inputs of Cenvat,: its not specifically included. so i have availed the ED & now the VAT part, as its used in the manufacturing, i am availing as a inputs under TNVAT ACT. Kindly Reply.

Whether i am eligible to avail under Both ED as well as VAT.
Profile Image

Arun Kumar Singh

Profile Image

Arun Kumar Singh (Expert)
19 December 2015 Yes, you can take the cenvat credit.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 December 2015 VAT PART CAN I AVAIL




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links