Project Phase_Excise Formalities
This query is : Resolved
Sushma Mevacha
(Querist)
22 June 2010
Dear Expert,
Please make me clear the Excise Formalities for the Manufacturer at the Project phase. As it is already registered with Central Excise, but like for the Plant & Machinery we are purchasing & other Input or Input Services, when we will be eligible to take the Credit etc.
Waiting for reply.
Please make me clear the Excise Formalities for the Manufacturer at the Project phase. As it is already registered with Central Excise, but like for the Plant & Machinery we are purchasing & other Input or Input Services, when we will be eligible to take the Credit etc.
Waiting for reply.
22 June 2010
You will be eligible to take credit when Project is started and machinery are put to use and commerical production is start.
as soon as commerical production is start, you will be eligible to take the credit.
as soon as commerical production is start, you will be eligible to take the credit.
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