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Can we take the mould on lease basis.

Central Excise - Started By: - Swapneswar muduli - Dated:- 13-3-2016 Last Replied Date:- 16-3-2016 - Dear Sir,We are a manufacturer of Electrical Apparatus . If some our Export customer want some unique design for that he want to send us mold on lease basis on his mould we produce one his parts and we making on that parts after tah we sold this material to this customer.(1) Is this transaction possible in Excise point of view.(2) Or can we purchase the mould from the customer permanently and we .....

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vat Credit Rules, 2004 the CENVAT credit in respect of the capital goods shall be allowed to a manufacturer, provider of output service even if the capital goods are acquired by him on lease, hire purchase or loan agreement, from a financing company. Since the mould contains the trade mark of your customer I feel he will not sell it to you. The value of such mould is to be amortised and added to the value of component manufactured for your customer. I am not able to understand your third questio .....

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