I am working in a manufacturing concern which manufctured sponge iron, billet, pig iron etc. we are using commercial LPG for Maintenance and other work. My question is that can we avail cenvet credit for commercial LPG ?
I am working in a manufacturing concern which manufctured sponge iron, billet, pig iron etc. we are using commercial LPG for Maintenance and other work. My question is that can we avail cenvet credit for commercial LPG ?
yes, you can take cenvet on commercial lpg because it used in manufacturing process..........
No cevat available on LPG,LDO, Diesel etc.
i agreed with ram avtar singh
YES CLARIFIED NOW, NO CENVAT ON LPG...........
| Originally posted by : Ram Avtar Singh | ||
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No cevat available on LPG,LDO, Diesel etc. |
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the goods namely Light diesel oil(LSD, high speed diesel(hsd) oil or motor spirit, commonly known as petrol continue to be excluded from the definition of inputs..
i do not find LPG in the list of exclusions..i am in doubt.
I feel cenvat credit can be taken on use of LPG
pls rectify me if iam wrong
includes lubricating oils, greases, cutting oils, coolants, accessories of the final products cleared along with the final product, goods used as paint, or as packing material, or as fuel, or for generation of electricity or steam used in or in relation to manufacture of final products or for any other purpose, within the factory of production;
there is no exclusion of taking cenvat credity on LPG.you can take credit
no cenvat on lpg, we are using it in our manufacturing co., but not availing cenvat..............
@ lokesh - but what is the basis of not claimimg cenvat on lpg?
@ pooja- yet i have to check why our excise department not taking excise on commercial lpg????????
well, do let us know...
LPG belonging petrolium products. So no cenvat credit allowed on LPG,LDO,Diesel,Petrol. etc.
thank you ram avatar ji
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