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Can we take credit of.......

Customs - Started By: - Mehul Trivedi - Dated:- 3-6-2016 Last Replied Date:- 4-6-2016 - Dear All,We have one querry , We have exported the goods and the same we have imported for repairing purpose , and paid all the duties like CVD, Addl, Custom and .....

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y By KASTURI SETHI - The Reply = Repair does not amount to manufacture in terms of Section 2(f) of the Central Excise Act. When no manufacturing process is to be carried out, why to take credit ? - Reply By Rajagopalan Ranganathan - The Reply = Sir,Y .....

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Sh.Ranganathan Sir. - Reply By Ganeshan Kalyani - The Reply = Sir, credit is allowed only if the input used is in or in relation to manufacturing activity. Repairing is not manufacturing and hence no credit allowed. Thanks - Reply By surya narayana .....

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