AUDIT QUARY
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....UDIT QUARY<br> Query (Issue) Started By: - SNEHAL SHAH Dated:- 11-1-2011 Last Reply Date:- 15-7-2011 Central Excise<br>Got 1 Reply<br>Central Excise<br>R/sir, X company Sale Machine with out duty pay....
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....ment to Y ( After use 5 years ) but on this machine x company not taken any cenvat credit .This procedure is correct or not ? If any duty liability imposed on X or Y company . Please guide for this . ....
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.... snehal shah Reply By NANDA H.L.: The Reply: If X company not aviled the Cenvat Credit, duty liability will not arise on X or Y company.<br> Discussion Forum - Knowledge Sharing ....
TaxTMI
TaxTMI