Cenvat Credit passing on to Customer
This query is : Resolved
03 June 2009
I am working in one software company where the company is receiving work orders from customers alongwith hardware. We are subcontracting hardware to outside manufacturer who will raise excisable invoice on us, in turn we are raising invoice and charging vat (for both hardware and software which is installed in the hardware). The excise duty paid by us is neither passed on to the customer nor claiming input credit as excisable invoice is not raising. Can someone guide me to pass on excisable credit to the customer and if customer submits exemption certification how to pass on the same to subcontractor
05 June 2009
For passing on the duty paid as a credit to the cusomter the company has to be registered as a dealer under centrl excise.
Customers exemption certificate should be issued to the hardware manufacturer for exemption to be claimed by him.
Customers exemption certificate should be issued to the hardware manufacturer for exemption to be claimed by him.
05 June 2009
For passing on the duty paid as a credit to the cusomter the company has to be registered as a dealer under centrl excise.
Customers exemption certificate should be issued to the hardware manufacturer for exemption to be claimed by him.
Customers exemption certificate should be issued to the hardware manufacturer for exemption to be claimed by him.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- GST Reverse
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Sale of Equity shares for Purchase of Residential Property
- Liable to deduct tds and 44ADA
- Clarification regarding Import E-way bill transaction type // Regular or Bill from Dispatch From
- Non issue of e way bill
- Gstr7 vs Gstr3b 2026
- Gst return - cess
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- ITC on purchase of commercial property( shop/Godown/offce etc.)
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
