CONSIGNEE OF TOOLS

[Uday Ranalkar]

Hello,

If I am a consignee of tools imported from China. ( Buyer is parent company in US). And the tools were directly sent to Job worker in Pune. Now I am paying duties while importing and sending tools directly to Job worker. ( I take credit of duty paid and also issues job work challan). AM I A MANUFACTURER AND ELIGIBLE FOR CREDIT AS THE ASSETS ARE NOT RECOGNIZED BY MY COMPANY IN INDIA ( BUYER IS US COMPANY) ?

Thanks in anticipation

AI Summary

Eligibility for CENVAT Credit on Imported Tools Requires Consignee Registration as Manufacturer; Conditions for Job Worker Claims Explained. A consignee inquired about eligibility for CENVAT credit on tools imported from China and sent directly to a job worker in Pune. The buyer is a US-based parent company, and the consignee pays duties upon import. Responses indicated that to claim CENVAT credit, the consignee must be registered as a manufacturer of excisable goods. If the bill of entry includes both the buyer's and factory's addresses, the job worker can claim credit, provided the buyer declares non-availment of credit on the bill. Additionally, credit can be claimed if the consignee sells or exports the tools post-job work.