Cenvat Inplications

kinnary (student) (231 Points)

06 April 2011  

hello frenz,

i have a doubt regarding the excise duty and cenvat


Manufacturer X purchases raw material Y for manufactue of a final product.He also does trading for that raw material Y.Now he sells the purchased rawmaterial Ywithout using in the manufacture process.He paid the excise duty on such rawmaterial when purchase is done.Mydoubt here is,what are the CENVAT implications and what all items will come in the invoice issued for selling such raw material?