U/s 11(3)(b)(ii)(of fuel used for manufactured of goods)
This query is : Resolved
05 January 2014
dear sir,
i have a excisable unit of brass extrusion plant and it is used furnase oil for manufacture goods than what is u/s 11(3)(b)(ii)(of fuel used for manufactured of goods).
i have a excisable unit of brass extrusion plant and it is used furnase oil for manufacture goods than what is u/s 11(3)(b)(ii)(of fuel used for manufactured of goods).
Vishnu Saboo
(Expert)
25 February 2014
is it Gvat Act?
if it is so, you must reduce ur ITC @ 4% if fuel used in manufacturing.
if it is so, you must reduce ur ITC @ 4% if fuel used in manufacturing.
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