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Issue ID : 1177
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Formula - Cenvat credit rule

Date 15 May 2009
Replies1 Answers
Views 1382 Views
Asked By

I am a manufacture and we manufacture dutiable and exempted goods. we don,t provide service. Can you give formula of cenvat credit rule 6 in simple way with example. Thanks

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Replied on May 15, 2009
1. When you are engaged into manufacturing activity only without providing any taxable service, the formula prescribed under rule 6 itself become simple. I think, just a careful reading of the rule 3A would be sufficient to help you out the detailed working.

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