Manufacturing of different classes of goods

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This query is : Resolved

amit (Querist)

09 May 2013 A Mfg unit engaged in manufacturing of Plastic Boxes, takes cenvat credit on the raw material purchased. Now it wants to start manufacturing of Paper Envelopes, however, it does not wants to take Cenvat & pay Duty at the lower rate of 2%. Is it possible ? Please check & inform the relevant Notification / Circular.
Regards

Arun Kumar Singh

Arun Kumar Singh (Expert)

09 May 2013 Without cenvat credit you can pay the duty on envelopes at the rate of 2% and with cenvat credit facility 6%.

amit

amit (Querist)

09 May 2013 ok, thanks.
Then, how the Accounting Records shall be maintained & monthly ER-1 shall be filed ?

Because there shall be two different types of goods, one with cenvat credit facility & one without. ?

Arun Kumar Singh

Arun Kumar Singh (Expert)

09 May 2013 You can file the both item in same monthly return but account should be maintained disparately.

amit

amit (Querist)

09 May 2013 thanks. lastly, Is the concerned Range office to be intimated about this separately. ??

Arun Kumar Singh

Arun Kumar Singh (Expert)

09 May 2013 Yes, intimated to the range office.

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