Cenvat on trading goods

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

16 December 2012 Dear sir,
We are a manufacturer and also trading some of the material in same category which we can not manufacture. We have registered ourselves with Central Excise as a manufacturer and a Dealer as well, on the separate address. Separate accounts for Trading & Manufacturing purchases and sales are also maintained.
Now my query is, while doing trading activity, can we avail Cenvat on the trading purchases and pass it on to our customers.
Your guidance in the subjecte matter would be most helpful to us.
Thanks,

Ram Avtar Singh

Ram Avtar Singh (Expert)
Follow

16 December 2012 Traders pass on duty to customers and maintained RG23D for Excise detail

Querist : Anonymous

Querist : Anonymous (Querist)

16 December 2012 Thanks for the prompt response sir,

Arun Kumar Singh

Arun Kumar Singh (Expert)
Follow

16 December 2012 A registered trader only can pass the excise duty you can not avail the cenvat credit.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

17 December 2012 Thanks sir, we are registered as a Dealer, then can we register our selves as a trader even though we are registered as a manufacturer & dealer. Kindly confirm.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok