cenvat credit
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....envat credit<br> Query (Issue) Started By: - sanjay gupta Dated:- 5-3-2012 Last Reply Date:- 6-3-2012 Central Excise<br>Got 2 Replies<br>Central Excise<br>we are producing rectified sprit for making c....
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....ountry liquor I have regisreed with state Excise department we have purchased capital goods and paid central excise duty thiere on can we take credit of central Excise Duty against sale of Recti....
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....fied sprit Please guide us. Reply By Naveed S: The Reply: Your query is not clear. However, from what i have understood, you can surely avail Cenvat credit of capital goods purchased and used in m....
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....anufacturing Rectified Spirit; which appears to be your by-product and which is also cleared from the factory on payment of duty. Reply By Pradeep Khatri: The Reply: On liquors, the State level Exci....
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....se Duty is leviable. Since Central Excise Duty is leviable on the Capital goods, and there is no Central Excise Duty on liquor, hence you would not be eligible for availment of CENVAT credit on the Ca....
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....pital Goods used in the manufacturing of finished goods on which no central excise duty is applicable. Hope this will clarify this issue.<br> Discussion Forum - Knowledge Sharing ....