GST Helpdesk   Subscription   Demo   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Material Purchase Under CT -3

Central Excise - Started By: - GORAKHNATH KHARADE - Dated:- 27-6-2015 Last Replied Date:- 1-7-2015 - Respected Sir / Madam we are 100 % EOU We purchase Material against CT 3 My Querry is 1.Purchasing Material is IPA ,Central Excise Tariff No is - 29051220 Material received against CT -3 , 200 ltrs Drum 1 Drum Contains 200 Liters IPA WE USE IPA THE PACKING MATERIAL IS DRUM CAN WE SALE DRUM WITH THE HELP OF CIRCULAR.NO 721/37/2003 DTD.06.06.2003. THANKS & REGARDS GORAKHNATH KHARADE - Reply By .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

s the utilization of input on which credit has been taken is not in dispute. Accordingly, it is clarified that no duty shall be payable and no reversal of credit is also warranted on waste package /containers used for packing inputs, on which credit has been taken, when cleared from the factory of the manufacturer availing Modvat/CENVAT credit. Therefore you can sell the empty drums without payment of duty/reversal of credit in which IPA was packed after utilizing the same in the manufacture of .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version