adjustment of Addtional Duty of Customs(SAD-4%)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 February 2011
Dear Sir,
Kindly advise me the following points
:
We are manufacturer Exporter
We have a huge balance of Cenvat Credit of SAD-4% (Customs). Shall we adjust the same with 1.Education Cess 2%, 2.SH Education Cess 1%, 3.Basic Excise Duty?
Please advise for the same.
Please provide if any clerification/Notification if any?
Kindly advise me the following points
:
We are manufacturer Exporter
We have a huge balance of Cenvat Credit of SAD-4% (Customs). Shall we adjust the same with 1.Education Cess 2%, 2.SH Education Cess 1%, 3.Basic Excise Duty?
Please advise for the same.
Please provide if any clerification/Notification if any?
23 February 2011
SAD credit can be used for payment of excise duty.
Education cess credit can be used to pay education cess only and vice versa.
Education cess credit can be used to pay education cess only and vice versa.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Supply through E-commerce Operators
- STCG....................................................
- TAN for Partnership
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Relief u/s Section 89
- Specified Profession
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- SALE BILL AGAINST GOODS RETURN
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
