CENVAT

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Prakash Subramanian (Querist)

03 June 2009 Hi, We are manufacturers of intermediaries for Pharma products. We want to purchase a traded product which will be supplied to an EOU. As supply to EOU will entail no payment of CENVAT, how can we claim refund of CENVAT paid on the purchase of the traded product. Is there any procedure by which we can buy the traded product without paying CENVAT?

Vishnu Saboo

Vishnu Saboo (Expert)

08 June 2009 Supply to an EOU is exempt from ED, where EOU provides CT-3 to seller.

Prakash Subramanian

Prakash Subramanian (Querist)

08 June 2009 Hi Arun, I think you have not read my question properly. Would request you to answer after reading my question carefully.

Thanks

ADITYA

ADITYA (Expert)

14 June 2009 You can not buy the material from Trader without Excise Duty as Trader is always selling "Duty Paid Material".

You can supply the same material against CT3 to EOU without charging Excise Duty

The Accoured Cenvat Credit in the Transaction may be used while discharging Excise Duty Payment against other DTA sale

Hope your query is solved

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