Sir,
we are manufacturer of Tyres & We have purchase of Lube oil for DG set . My question is that should we availed CENVAT credit on Lube oil & Greese
Kindly explain on CENVAT credit ruels 2004.
Amit Shah
Menu
Cenvat on lube oil for dg set
Replies (1)
as per CCR 2004, Input definition is
"INPUT" means-
all goods used in the factory by the Manufacturer of the Final Product; are eligible for Cenvat Credit except
LSD, HSD, Petrol, Civil consturction of building or a Civil structure or a part thereof;
laying of foundation or making of structures for support of capital goods.
Lubricants such as OILs, Greases are eligible for Cenvat Credit.
Recent Topics :
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
Related Topics :
CAclubindia
