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Allowability of additional duty

This query is : Resolved 

02 August 2012 Dear Sir

My query is about additional duty credit applicability...whether additional duty credit is allowed 100% in first year or 50% on Input or Capital goods?

Waiting for you earlier response.



03 August 2012 you may take 100 % credit of addl. duty paid on capital goods

03 August 2012 CENVAT CREDIT ON ADDITIONAL DUTY PAID WILL BE 100% WHETHER IT IS CAPITAL GOOD OR INPUT GOOD.

Regards,




03 August 2012 Thanks you Sir



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