Eligible to avail cenvat & vat on gear oil.: urgent


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Querist : Anonymous

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Querist : Anonymous (Querist)
17 December 2015 Dear Sir's/Expert.

We have Purchased the Gear Oil, from the Local (regd. under Excise& VAT) Dealer,

He Charged ED As well as VAT. on the Gearl oil.

As per the ED definition: Sec. 2(k) of the Inputs of Cenvat,: its not specifically included. so i have availed the ED & now the VAT part, as its used in the manufacturing, i am availing as a inputs under TNVAT ACT. Kindly Reply.

Whether i am eligible to avail under Both ED as well as VAT.

19 December 2015 Yes, you can take the cenvat credit.

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 December 2015 VAT PART CAN I AVAIL


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