Allowability of additional duty
This query is : Resolved
Baljinder Singh
(Querist)
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.
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.
NILESHKUMAR
(Expert)
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,
Regards,
Baljinder Singh
(Querist)
03 August 2012
Thanks you Sir
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