Cevat credit available on capital goods of Bakery Machineries?

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..... Cevat credit available on capital goods of Bakery Machineries?
Query (Issue) Started By: - Samik Chaudhuri Dated:- 6-3-2015 Last Reply Date:- 8-3-2015 Central Excise
Got 3 Replies
Central Ex .....

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..... cise
Sir Our manufacturing co also product Bakery product which does not attract excise now can we avail cenvat credit on machinery of Bakery lines.Please suggest me. With thanks and regards Sa .....

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..... mik Chaudhuri. Reply By Pradeep Khatri: The Reply: Dear Samik, If capital goods are being used exclusively for duty exempted final goods, then, no CENVAT credit would be allowed. It is mentioned in .....

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..... the CENVAT credit Rules, 2004 and is a settled position in this regard. Regards, YAGAY and SUN (Management, Business and Indirect Tax Consultants) Reply By MARIAPPAN GOVINDARAJAN: The Reply: CEN .....

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..... VAT credit could not definitely be taken. Reply By Naveed S: The Reply: Sir, If your bakery items are not under excise, as per your note; then why do u need to avail cenvat credit thereon, and how .....

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..... can you be registered with excise if your items itself is not excisable.
Discussion Forum - Knowledge Sharing .....

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