Vat registration ...? & cenvat input

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

23 August 2016 Dear Sir,

One of new company " X " buying machinery/ or etc., from " Y ". in this case Y is having VAT registration, excise registration. However, X business in future is only service providing and no sales. In this case for " X " can avoid VAT registration and no input will be taken by " X " and tax liability will be cleared by " Y ".

Moreover, cenvat credit can avail by " X " please clarify.

With Regards,

Narasimhan

Querist : Anonymous

Querist : Anonymous (Querist)

09 September 2016 Please arrange reply