Btap wagon

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 April 2012 Pls suggest me the rule in Excise for taking cenvat credit on BTAP wagons. In case we have not taken any EPCG LIcense whether we are eligible for taking credit thereon or not

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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03 April 2012 The scheme is quite beneficial to Manufacturer exporters as they can import their CG at a substantial discount. Especially for those manufacturers whose final product is not excisable or is exempt from excise duty (like those in Uttaranchal) since they cannot take the CENVAT credit of the CVD paid on imports and Excise Duty paid in Domestic markets.

also read:

https://www.caclubindia.com/experts/procedure-to-obtain-epcg-license--690860.asp

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