Removal of capital goods for repair
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 January 2012
Please help me on Removing of capital goods for repair.
we import a machinery on 2009 and the subsequent cenvat credit availed and utilised. now i am sending some major parts of that machinery for job work in challan 57f3. should i reverse the credit availed, and the challan is enough for sending the parts to job worker.
any one please suggest me urgent.
Regards
Kumaravel.K
we import a machinery on 2009 and the subsequent cenvat credit availed and utilised. now i am sending some major parts of that machinery for job work in challan 57f3. should i reverse the credit availed, and the challan is enough for sending the parts to job worker.
any one please suggest me urgent.
Regards
Kumaravel.K
13 January 2012
nere challan is enough,
if the goods are not returned within 6 mnonth, then you have to reverse the duty.
if the goods are not returned within 6 mnonth, then you have to reverse the duty.
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