Cenvat credit on inputs
This query is : Resolved
17 June 2016
Dear Sir, we are 100% EOU Units. What is the procedure for credit taken on input raw material used in manufacture the finished product. Can we claim refund of duty such ?
CMA Ramesh Krishnan
(Expert)
17 June 2016
yes you have to apply for separately for refund or you can apply for exemption for charging vat and submit to your suppliers
Arun Kumar Singh
(Expert)
22 June 2016
100% EOU unit can procure the inputs without payment of duty.
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