SIr,
We are Tyre manufacturing company and we are using Tyre tube and flap as a complete product.We are procuring tube and flap on job work basis.We are sending raw material by taking cenvar credit and received back tube from job worker.Final product tube is cleared from our factory along with Tyre.
Now deptt is making an objection and denying us from taking cenvat credit on raw material sending to job worker.
Please provide your view is that right ?
Rgds
Yateen vyas
Tyre Manufacturer Challenges Excise Department's Objection to Cenvat Credit Claim on Job Work Raw Materials Under Rule 4(5)(a) A tyre manufacturing company is facing an issue with the Central Excise Department, which is objecting to their claim of Cenvat credit on raw materials sent to a job worker. The company sends raw materials for job work and receives them back as tubes, which are then cleared with tyres. Respondents in the forum confirm that the principal manufacturer can claim Cenvat credit if the goods return within 180 days, provided documentation is proper. One respondent requests clarification on the specific grounds for the department's objection to offer more precise guidance. (AI Summary)
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