Cenvat on raw material
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 June 2016
Dear sir / ma,am ,
while auditing the excise records of a paper manufacturing company , it comes to my notice that the company is taking cenvat on some raw materials , not on all the raw materials. why so? Basically in colors & chemicals.
Yash bhalotia
bhalotia.yash@gmail.com
while auditing the excise records of a paper manufacturing company , it comes to my notice that the company is taking cenvat on some raw materials , not on all the raw materials. why so? Basically in colors & chemicals.
Yash bhalotia
bhalotia.yash@gmail.com
Rupesh Jain
(Expert)
16 June 2016
you can take cenvat all the items which is use in manufacturing process. otherwise there is no cenvat.
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