Cenvat credit clarification
This query is : Resolved
pitchi reddy
(Querist)
05 December 2012
Can we take cenvat credit on m.s sheets.these sheets were converted in to storage tanks and the same storage tanks was used for making of final product.
06 December 2012
Hi
Yes definitely you can take CENVAT since MS Sheet is forms part of final product & as per CENVAT it is allowed.
Thanks//Vaibhav
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Yes definitely you can take CENVAT since MS Sheet is forms part of final product & as per CENVAT it is allowed.
Thanks//Vaibhav
Revert for more clarity.
Use thank button to convey your appreciation.
ajay taneja
(Expert)
06 December 2012
Yes u can take credit of duty paid on inputs
pitchi reddy
(Querist)
21 June 2014
thank you sir every one who replied
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