banner_ad

sales to eou and others-cenvat

This query is : Resolved 

05 July 2010 a manufacturing unit is selling its products to an eou and also to others. it is taking cenvat on all inputs used for production of eou sales and also to others. is it allowable to take cenvat credit?

05 July 2010 Yes, in case goods are sold to EOU, SEZ etc without charging excise duty, cenvat credit would still be available under Rule 6(6) of Cenvat Credit Rules, 2004. However, in case of exempt sales not covered under Rule 6(6), proportionate credit would have to be paid. Alternatively, 5% of the value of exempt goods would have to be paid before availing full cenvat credit.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details