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Issue ID: 5142
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credit on the imported attachment of finished goods

Date 03 Jan 2013
Replies 1 Reply
Views 1149 Views
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CENVAT credit availability on imported attachments depends on inclusion in assessable value; credit allowed if included.
Availability of CENVAT credit on imported attachments of finished goods depends on whether the value of those attachments is included in the assessable value; credit may be availed if included, otherwise not. (AI Summary)

Respected Sir,

                          ONe of my clients has imported attachments of finished goods can I take credit on it or not.Please answer

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Replied on Jan 3, 2013
1.

If the value of attachments have been included in the assessable value of Finished Goods then you may avail the CENVAT credit otherwise, not.

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