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excise credit

EXICSE (Legacy) 534 views 1 replies

sir

we have registered work shop at chennai and we do fabrication work at chennai.Thet in input excise credit received through raw materials, tools and consumables are being adjusted against our out put excise payable.We are doing site work also.can we avail excise in put credit on above items, if they are purchased by us for different sites located in india and send to those sites under form JJ.Kindly give your valuable reply which would help us to deal with the excise range inspectors, who are saying that credit on those items meant for stores not to be taken.

 

Jagannathan

Replies (1)

If you r use raw material & consumable for job work . You have raised the invoice of material & consumed at charged excise.  You will take credit of excise  on every material and utilized for the above invoice.

 

 

Anand


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