Cenvat credit

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Mahesha

Manager-Sourcing

110 Points Joined May 2007

Dear Friends,

If a trader imports the electronic components and sells it to the local manufacturer. There is no manufacturing activity from the trader. In this case can trader pass on the CENVAT benefit to his customer who is local manufacturer ?. Is there any rules to be followed in this ?.

Regards,

Mahesha M

Replies (1)

DAYANANDA K N

ACCOUNTS EXCECUTIVE

575 Points Joined February 2010

You need to get registered as delaer under Central excise. Once you get the registration you can issue delaer invoice for passing on the cenvat credit.

Regards

Dayananda