banner_ad

Credit or Refund on Packing Material

This query is : Resolved 
Profile Image

Profile Image

(Querist)
31 December 2008 Currently, I m in an Audit of a Dairy industry

here the normal practise is, we sell a Product to some branded companies after manufacturing at our plant. we procure a packing material for those product(Butter,Ghee,Cheese etc.)

What are the Excise and Custom duty implications WRT output liability and CENVAT Credit? (Also provide me the related Notifications and Circulars for these purpose)
Profile Image

Rajesh Kumar

Profile Image

Rajesh Kumar (Expert)
10 January 2009 Normally these products do not attract Central Excise duty, and hence cenvat credit is not avaiable on inputs. The duty paid on inputs and packing material, as it is not creditable, should be treated as expenses.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details