Dear
I have some query related to Cenvat credit on some material used for prepararing railway siding in a cement factory. A company X (cement manufacturrer) constructing railway line in its factory and for this it purchase some material which is to be used for railway signalling.
A excise invoice is created by seller and put the name of Railway in consignee cloumn along with company X name and showing that goods is to be used by railway for signalling.
My question is that can company X take credit of excise on that goods as per invoice.please suggest me.
CAclubindia
