Cenvat credit & liability
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 June 2014
Whether we can take benefit of cenvat credit for paying the liability ? Plz confirm
Whether we can take benefit of cenvat credit for paying the liability ? Plz confirm
17 June 2014
you can avail credit of payable liability after paid, like u paid GTA inward, you can avail the credit, but outward GTA's credit is not admissible.
you must refer the list on which credit is admissible and on which not.
you must refer the list on which credit is admissible and on which not.
19 June 2014
yes you can adj the liability with cenvat bal.
but for adj. of RCM pls see the law & rules.
but for adj. of RCM pls see the law & rules.
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