Cenvat credit - who is entitled?

545 views 2 replies

Dear Friends,

 

Kindly guide in the following matter related with CENVAT Credit:-

 

Our Company is a First Stage Dealer and gets the job done from Job Workers.  We are considering buying some machines (capital goods) and lending to the Job Workers on the nominal rent

 

At the time of buying the machine, we will have to pay excise, but who will be entitled to avail CENVAT Credit:-

 

  1. Our Company i.e actual buyer?

 

                                       Or

 

  1. Job Workers, whom the machines have been given on rent?

 

 

Your valuable suggestion will be greatly appreciated.

 

Thanks & Regards,

Harvinder

Replies (2)

Your Company will be eligible to avail the Cenvat Credit.

Dear Karan,

Thanks for your kind reply.

Could you explain further your answer, if possible.

Thanks & Regards,

Harvinder

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details