Hi,
We as unit R, get excisable goods/ inputs from A. Unit R is not registered under central excise as a start-up. R exports the inputs from A as such or after some value addition.
Now, can unit R take credit over the excise dduty & CST paid? If so, how - as R is non-excisable?
Thanks in addvance
Even though R is not paying duty, R can avail of cenvat credit on inputs which are used in the manufacture of export goods. The exemption is for home consumption and not for exports, R will have to get registered for this purpose, Refer Central Excise Manual
Aggarwal Sarawagi and Co
New Delhi
CA
View Details
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
View Details
CAclubindia
