Hi can any one clear my boubt.
One of our client is a subsidary of foreign co. which is a unit of fluid energy control. Indian subsidary company will import the products from holding co (abroad) for selling in INDIA after paying all applicable duties.
the doubt is there are 3 scenarios
1. Goods imported from Holding company sold in INDIA without further processing
2.Goods imported from Holding company has been further processed in INDIA and then sold.
3. Goods imported from Holding co. has been given to Job Worker for further processing and then sold off.
In the 3 situations how can the co. avail CENVAT credit, which duites they can avail as credit and do they need separate registration for carrying out above mentioned process (i.e 3 situations mentioned above)
Kindly clarify my doubt.