Cenvat Credit

[Guest]

Hi,

In how days the material sent for demonstration has to come back to manufacturing place to avail cenvat credit.

If a sold machinery is received back for repairs, what is the procedure?

Can some material be sent for demonstration without invoice on returnable basis - what document is required and what will the time period with in which it has to be received back?

 

AI Summary

Guidelines for Cenvat Credit on Demonstration Materials and Machinery Repairs under Central Excise Rules, 2002 A query was raised regarding the procedures for availing Cenvat credit when materials are sent for demonstration or when machinery is returned for repairs. Responses highlighted the need to follow specific rules under the Central Excise Rules, 2002. For demonstration, excise duty must be charged, and materials cannot be sent without an invoice unless they are non-excisable, in which case a returnable gate pass is required. There is no strict time limit for returning demonstration materials. For repairs, the job work procedure is recommended, and parts used outside warranty may require credit reversal.