Cenvat credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 July 2013
One Item enjoying Exemption from payment of excise duty till 30th June. The Said Exemption was lifted w.e.f 1st july by a notification. I purchased said Item of which Purchase order is before such notification and invoice date(and delivery also) is after such notification. My query here is whether i can utilise input paid on said item?
Arun Kumar Singh
(Expert)
02 July 2013
Goods will be removed after 30th june, duty will be payable even if you have give the purchase order. Date of removal of the goods will be count for duty payment.
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