https://www.taxtmi.com/forum/issue?id=5130 Manufacturer will accept free issue liquid carbon dioxide under excise invoice, pay excise duty and VAT on receipt, claim CENVAT and VAT credits, process the material into dry ice, and return finished goods to the supplier under excise invoice charging excise duty and VAT on value including material cost, VAT, transport and value addition. Advisory: paying applicable excise duty on removal should prevent issues, but disclosure to the commissioner or seeking an advance ruling is recommended. en-us Tue, 01 Jan 2013 16:28:41 +0530 Thu, 23 Jan 2025 15:57:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5130 Manufacturer will accept free issue liquid carbon dioxide under excise invoice, pay excise duty and VAT on receipt, claim CENVAT and VAT credits, process the material into dry ice, and return finished goods to the supplier under excise invoice charging excise duty and VAT on value including material cost, VAT, transport and value addition. Advisory: paying applicable excise duty on removal should prevent issues, but disclosure to the commissioner or seeking an advance ruling is recommended. Discussion-Forum Central Excise Tue, 01 Jan 2013 16:28:41 +0530 https://www.taxtmi.com/forum/issue?id=5130