basic 10 lacs exemption to manufacturer

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VIPIN KUTUMBALE (Querist)
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11 August 2010 A manufucturer registered under excise, started new service e g rent of commercial property, Manufacture availing cenvate benefit on capital goods e g plant & machinery etc. is the manufacture entitle to claim basic exemption

Jitender

Jitender (Expert)
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11 August 2010 yes, he can claim.

VIPIN KUTUMBALE

VIPIN KUTUMBALE (Querist)
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12 August 2010 HOW CAN , THE MANUFACTURE IS USING CENVATE ON CAPITAL GOODS , THUS CONDITION TO AVAIL THE BENEFIT OF 10 NOT FULLFILLED

Vipin Gupta

Vipin Gupta (Expert)
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14 August 2010 YES HE CAN CLAIM EXEMPTION BENEFIT

VIPIN KUTUMBALE

VIPIN KUTUMBALE (Querist)
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15 August 2010 the condition is to avail the assessee should not avail the cenvate benifit either on capital goods or input services/goods. inspite of this manufacturer is entitled for exemption

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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03 October 2021 No. The exemption is not available to be claimed in any form.

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