Old material stock
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 August 2012
Dear all,
our company taken excise registation for manufacturing 2011-2012. in our comapny few old stock of raw material before excise.we maufacture of old stock & duty charged. my question is we have not maintained old stock in RG 23 register.can we shown the stock in RG 23 register?
our company taken excise registation for manufacturing 2011-2012. in our comapny few old stock of raw material before excise.we maufacture of old stock & duty charged. my question is we have not maintained old stock in RG 23 register.can we shown the stock in RG 23 register?
29 August 2012
If input is duty paid then you can take cenvat credit on that material.
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