TaxTMI 
TaxTMI 
Passing on cenvat credit
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....assing on cenvat credit<br> Query (Issue) Started By: - Jatinder Maan Dated:- 3-9-2009 Last Reply Date:- 3-9-2009 Central Excise<br>Got 1 Reply<br>Central Excise<br>This has reference to Job work done....
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.... by us. can we issue own excisable materail to the party for whom we are doing Job work and pass on cenvat credut by issuing invoice. Material in this case will be consumed by principal manufacturer a....
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....nd material will be procured by us. Reply By Mukesh Kumar: The Reply: Yes, there is no restriction in the cenvat credit rules for this kind of arrangements. You can pass the credit on material suppli....
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....ed to the principal either direct supply or through consumption during job working activity. In both the cases you can pass the credit. But, before passing such credit, you must be registered with cen....
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....tral excise authorities.<br> Discussion Forum - Knowledge Sharing ....