Menu
Cenvat credit
If a job worker gets input for further processing by a manufacturer then can he claim CENVAT credit....if yes what are the provisions... Plse reply urgently
Replies (2)
I believe some inputs are being provided by the principal manufacturer to the job worker for the purpose of processing (amounting to manufacture).
In this event, if the job worker is paying Excise duty on its manufacturing activity, then it should add the value of such inputs in its excise duty and claim Cenvat credit on such goods.
And sir if the job worker isn't required to pay excise duty then will he pay service tax??
Thank you for previous reply
Recent Threads
- Paying Rent in Cash: This Could Trigger an Income
- Market Down, Portfolio Down: Need suggestions for
- How much tax is payable If I withdraw my mutual fu
- GST Penalty Provisions under Section 73 vs Section
- How VFA Academy Helps Traders Build Discipline and
- GSTR-3B Relationship
- Section 194T: TDS on Payments to Partners: Applica
- Tax planning with HUF
- FCN ( Financial Credit Notes) Treatement in Books
- Indemnity bond notarization for Income Tax (NRI ou
Related Threads
CAclubindia
