Formula - Cenvat credit rule

[Guest]

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

[Guest]

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.

AI Summary

Manufacturer Seeks Clarity on Cenvat Credit Formula Under Rule 6; Rule 3A Provides Simplified Guidance for Manufacturers A manufacturer inquires about the formula for Cenvat credit under Rule 6, as they produce both dutiable and exempt goods without providing services. The response suggests that since the manufacturer is solely engaged in manufacturing, understanding Rule 3A should simplify the process. A careful reading of this rule is recommended for detailed guidance on the Cenvat credit calculation.