Credit on input material (for 100% EOU)
This query is : Resolved
Rajendra Ahire
(Querist)
18 April 2010
Dear Sir,
Our company is a manufacturer (100% EOU) of leather folders and material sold to London.
Final product is duty exempted (Nil Taxable). My question is - can we take the credit of input material invoices ?
If yes what is the procedure of claim to department.
Please suggest me in short.
Thanks in advance
Regards,
Rajendra Ahire
Our company is a manufacturer (100% EOU) of leather folders and material sold to London.
Final product is duty exempted (Nil Taxable). My question is - can we take the credit of input material invoices ?
If yes what is the procedure of claim to department.
Please suggest me in short.
Thanks in advance
Regards,
Rajendra Ahire
18 April 2010
Yes u r legible for taking cenvat against input & u will claim for this. from your office of the developemnet commissioner.
ANIL JANGID
(Expert)
18 April 2010
agree
CA Ravi Sisodia
(Expert)
18 April 2010
Agreed...
18 April 2010
AGREE
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