Cenvat Credit on Trading Invoice

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R/Rajesh ji,

1.Can We take cenvat credit credit on Trading Goods because it is not use in manufacturing of final goods.

2. Can we make ARE-1 for Export sale of Trading Goods under rule 18 rebate claim of duty.

Thanks

Replies (3)

 no u cannot take cenvat credit of those goods which are not either directly or indirectly used in the manufacture of final product.

When the goods are not used in manufacturing, there is no question of cenvat credit.

ARE-1 can be made only at the premises of manufacturer. As you are not the manufacturer, it cannot be made at your premises.

R/Rajesh ji,

In my previous question you have said."

"Cancel trading invoice? If it relates to non excisable goods, i.e. it is not an excise invoice, no intimation is required.

If you want to export inputs received in your factory, at the time of export you need to clear the goods after payment of duty amount equal to the cenvat credit taken, which you later get back as rebate."

1. Now if I want to remove export input or Trading goods removed after payment of duty then how will i get back as rebate.

Thanks

 


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