Question ID :
16839
RMC
1. Is cenvat credit available on cement purchased for manufacture of Ready Mix Concrete {RMC}?
2. We are SEZ developer. We have 7,000 acres for development of SEZ. But for excise purpose we have registered only 3 acres as factory for manufacture of RMC? Central Excise staff are saying that we to charge excise duty for own consumption also, since the good are cleared out of the factory 2 acres. But for practical purpose we are using the RMC only in our own 7,000 acres. We do not sell to outsiders. Should we pay ED?
3. capital goods purchased in Jan 2012. central exise registration in Nov 2012. Can cenvat credit be taken on such capital goods purchased before registration? If yes, should we take 50 only in 2012-13 or can we take 100 since this is the 2nd year?
Posted by
t sankar
on
Aug 08, 2013
Filed Under
Customs & Excise
You need to put your facts in writing do not depend on oral communication and seek confirmation that your activity is not liable. mark a copy to higher officer - send by RPAD.
As the same is used exclusively for authorised SEZ building construction it would have to be allowed.
Posted by
Madhukar N Hiregange on
Aug 08, 2013
Answer ID :
46263
SALE TO SEZ IS EXEMPT. YOU MAY NOT TO HAVE TO PAY ED.ON CAPITAL GOODS YOU CAN TAKE 100CREDIT NOW
Posted by
CA. VENKITARAMAN K V on
Aug 09, 2013