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Cenvat Availment

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 January 2011 My Friend Start New Business of M/f ABC Product He purchase machine and after some time he gate the excise registration he can availed the cenvat or not of Machine and available stock

1)At the purchase time Company not registered in Excise
2)Company availed SSI Exemption.

Regards

Yogesh
ygshete@gmail.com
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
24 January 2011 Compnay can get cenvet credit after registration.

Since company is a SSI unit, no duty is apply on the final product.
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