TaxTMI 
TaxTMI 
Material used for R & D Purpose
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....aterial used for R & D Purpose<br> Query (Issue) Started By: - Swapneswar muduli Dated:- 26-4-2016 Last Reply Date:- 26-4-2016 Central Excise<br>Got 1 Reply<br>Central Excise<br>Dear Sir, We are a ma....
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....nufacture if we use some raw material for R & D purpose and on these material we taken Cenvat Credit so when we issue the stock for R & D purpose at that time we need to reverse the excise duty on tha....
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....t material or not ? Regards Swapneswar Muduli Reply By KASTURI SETHI: The Reply: Yes you can take cenvat credit. It is in relation to the manufacture of final product. Pl. note that R & D is very ....
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....much basis of qualitative product. Goods are not marketable without quality.<br> Discussion Forum - Knowledge Sharing ....