TMI BlogJob work reg.X X X X Extracts X X X X X X X X Extracts X X X X ..... We are manufacturer of Liquid Carbon Dioxide Dry Ice. Presently our plant is under shut down. To fulfil the requirement of our customers for Dry Ice, we are purchasing Liquid Carbon Dioxide on payment of Excise duty and converted the same into Dry Ice. We shall be taking Input CENVAT credit on Liquid Carbon dioxide purchased / received by us and Excise duty shall be paid while removing DRY IC ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... E (Finished Goods) from our factory. Kindly let us know whether manufacturer of Liquid Carbon Dioxide DRY ICE, shall do such type of job work in the his factory premises? Is their any excise litigation in future for such transactions. Kindly clarify. Regards, VINAY - Reply By Pradeep Khatri - The Reply = If your plant is shut down then on what basis you are indulging in the manuf ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... acturing activities and availing CENVAT credit? This may raise the litigation in near future. - Reply By vinay wakde - The Reply = We are manufacturer of Sponge Iron. The production of Sponge Iron is stopped temporarely. The liquid Carbon Dioxide DRY Ice are our by products. Kindly let us know whether we purchase liquid Carbon Dioxide (as a Input) convert /compressed into DRI Ice by u ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sing existing facility in the plant (i.e. Job work) for out sider, we can meet our customers requirement as well as it will be revenue generation for us. I am doubtful whether a manufacturer of same finished product, can do job work for others for same product in same manufacturing premises? - Job work reg. - Query Started By: - vinay wakde Dated:- 27-12-2012 Central Excise - Got 2 Replies - Ce ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ntral Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
