Additional on Imports - Capital Goods
This query is : Resolved
07 November 2009
we are taking 50% of Excise Duty, E.C. & SHE.Cess and 100% input on Additional Duty - (Imports) on Capital Goods and remaining 50% of input transferred to upcoming year. is it right to take 100% input on Additional Duty - (Imports) on capital goods instead of 50%? Please give us your valuable reply with notification Nos.!
Thanks in advance
Aravind Kumar
Thanks in advance
Aravind Kumar
Guest
Guest
(Expert)
07 November 2009
for additional duty you can take cenvat credit of 100% of duty paid in the year of import.
Ram Avtar Singh
(Expert)
08 November 2009
i hav forgeten Notification no. can you provide please.
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