Can a company can be taken CENVAT receivable on it's sale of machinery. company is not in trade of machinery.
cenvat can we taken on office maintanenca?
Any detailed information on Cenvat credit please post me.
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CENVAT
Replies (3)
Be specific.. i didnt get your query
hello
cenvat credit can be claimed only by a manufacturer and not by trader. I think u get ur ans 4m that
In case of manufacturer, Cenvat credit obtained on purchase of machinery is to be refunded in the year of sale if such sale is within 1 year of availment . A trader of machinery is not entitled to avail cenvat credit. No cenvat credit is available on office maintenance.
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