TMI BlogCenvat credit on machines utilised both for own manufacturing as well as job work.X X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Expert, We are manufacturer and also doing job work of other units.Our machines are utilised both for our own manufacturing as well as job working.Can we avail cenvat credit on machines which ar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e utilised both for own manufacturing and job work products. Tahnks. - Reply By YAGAY AND SUN - The Reply = Dear Sir, It is settled legal position that if Capital Goods are being used for manufac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... turing of dutiable as well as exempted goods, even then CENVAT credit on such capital goods would be available. The only condition in this regard is that Capital Goods should not be used exclusively ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for manufacturing of exempted goods. Regards, YAGAY and SUN (Management, Business and Indirect Tax Consultants) - Reply By MARIAPPAN GOVINDARAJAN - The Reply = I endorse the views of Yag ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ay and Sun - Reply By KASTURI SETHI - The Reply = Undoubtedly Yagay and Sun have correctly replied. Clearly explanied. - Cenvat credit on machines utilised both for own manufacturing as well as job ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... work. - Query Started By: - Narendra Soni Dated:- 7-9-2015 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Man ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... agement 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
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