Akram (C.A.FINAL) (136 Points)
21 December 2012Dear All , I have a doubt ..
Our Client is a medium size manufac .,they d'nt have Excise Registration. This year they purchase of some goods Including excise , Now They want to take credit of this . Is it possible ?? If No than Please explain me with section
Arun Kumar Singh
(GST Advocate)
(15188 Points)
Replied 23 December 2012
If they will registered under central excise and pay the duty then they can take the cenvat credit.
vittakaushik
(articles)
(71 Points)
Replied 27 December 2012
if they do not have excise registration they cannot take credit as they do not have output liability
HS Negi
(Senior Executive- F&A)
(590 Points)
Replied 28 December 2012
Dear Akram,
I agree with Mr. Arun. Without obtaining the excise registration, they can not avail the cenvat facility.
No doubt here.
Regards
HS Negi
CAclubindia
